Ireland: Staff Report for the Third post-Program Monitoring Discussions

International Monetary Fund

No 2015/154, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the recommendations of Third Post-Program Monitoring Discussions with Ireland. Ireland’s strong economic recovery is continuing in 2015, following robust growth of 4.8 percent in 2014. A range of high frequency indicators point to an extension of the solid recovery momentum into 2015, with growth increasingly driven by domestic demand as well as exports. Financial conditions remain highly supportive despite some recent bond market volatility. Ireland’s economic rebound is in full swing, yet fiscal restraint must be maintained in 2015. Fiscal policy should make solid progress toward balance in the favorable economic environment, and the limited fiscal space in coming years should be used to support durable growth.

Keywords: ISCR; CR; market; GDP; bank; Third Post-Program Monitoring Discussions; asset; yield; market condition; lending interest rates; market recognition; resolution effort; profitability remains weak; Mortgages; Credit; Fiscal stance; Loans; Global (search for similar items in EconPapers)
Pages: 32
Date: 2015-06-22
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=43005 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2015/154

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().