Cover IMF Staff Country Reports
Ireland: First and Second Reviews Under the Extended Arrangement and Request for Rephasing of the Arrangement: Staff Report; Letter of Intent; Memorandum of Economic and Financial Policies; Technical Memorandum of Understanding; Letter of Intent and Memorandum of Understanding on Specific Economic Policy Conditionality (College of Commissioners); Staff Supplement; and Press Release on the Executive Board Discussion.
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 109
Language:
English
Publication Date:
20 May 2011
DOI:
https://doi.org/10.5089/9781455290642.002
ISBN:
9781455290642
ISSN:
1934-7685
Pages:
89
Keywords:
ISCR; CR; financing; financing package; european financial stability facility; spending; budget neutrality; increase in capital spending; IMF-supported program; Ireland's IMF quota; Fiscal consolidation; Commercial banks; Loans; Credit
Download PDF (9.1 MB) Download Epub
Ireland has made progress in overcoming the economic crisis. The new coalition government’s strategy for restoring sustained growth, sound public finances, and job creation has been put forward in the context of the European Union/IMF-supported program. On this basis, the government adopted a comprehensive strategy to reorganize and deleverage domestic banks, and to strengthen their capital base. Steadfast implementation of policies coupled with support from a comprehensive European plan will foster Ireland's economy.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund