Ireland: Tenth Review Under the Extended Arrangement
International Monetary Fund
No 2013/163, IMF Staff Country Reports from International Monetary Fund
Abstract:
Ireland’s strong policy implementation and market conditions have improved macroeconomic indicators to show positive signs. However, an uncertain medium-term outlook could hamper the prospects. Bank supported recovery through timely action on lingering financial sector issues has been identified for sustained growth. Steady progress in fiscal consolidation has to be maintained to support Ireland’s durable return to reliance on market financing. Determined policy implementation of strengthened activation policies and SME supports are also required to support growth and contain unemployment.
Keywords: ISCR; CR; EFSM loan maturity; european financial stability facility; IMF quota; Ireland's banking sector stress test; banking sector; disbursement of an amount equivalent to SDR; pension saving; cost reduction; Loans; Mortgages; Credit; Nonperforming loans (search for similar items in EconPapers)
Pages: 91
Date: 2013-06-19
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