Ireland: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper for Ireland highlights that fiscal consolidation resulted in a tremendous reduction in public debt from nearly 100 percent of GDP in 1991 to about 30 percent in 2004. This has reflected a combination of policy decisions and economic circumstances. Excluding 2001, when the economy has been affected by the global economic slowdown, Ireland has in general consistently enjoyed favorable surprises in its public finances. Indeed, during this period, the actual fiscal outturns have exceeded budget forecasts on average by 0.3 percent of GDP a year.
Series:
Country Report No. 2005/370
Subject:
Aging Budget planning and preparation Income Labor Macroeconomic and fiscal forecasts National accounts Pensions Population and demographics Public financial management (PFM) Unemployment
English
Publication Date:
October 17, 2005
ISBN/ISSN:
9781451818826/1934-7685
Stock No:
1IRLEA2005002
Pages:
64
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