Ireland: Fifth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.

March 2, 2012

Preview Citation

Format: Chicago

Ireland: Fifth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion., (USA: International Monetary Fund, 2012) accessed September 20, 2024

Summary

The staff report for Ireland’s fifth review under the Extended Arrangement states that financial sector reforms continued to advance, with the two structural benchmarks for end-2011 observed. In particular, targets for bank deleveraging in 2011 were met, with almost €15 billion of predominantly foreign assets sold at better prices than anticipated. Structural reforms have continued to progress, including the publication of reforms of the sectoral wage setting framework, and the development of a strategy for personal insolvency reform.

Subject: Banking, Credit, Financial institutions, Labor, Loans, Money, Mortgages, Public debt

Keywords: Central bank, Central bank of Ireland, CR, Credit, Europe, Global, ISCR, Loan performance, Loan portfolio resolution strategy, Loans, Loans data, Mortgages, Share of mortgage, State

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/048
Stock No:

1IRLEA2012001
ISBN:

9781463935818
ISSN:

1934-7685

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