Ireland: 2010 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, July 13, 2010
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- Ireland: 2010 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
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Bibliographic details
- Published: July 13, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455207640.002
Executive summary and key findings
- Irish policymakers have gained significant credibility through assertive steps to deal with the most potent sources of vulnerability.
- Much progress has been made on the financial stability agenda, but a special bank resolution scheme is required.
- The government has stayed on course toward their consolidation goals.
- A medium-term fiscal framework incorporating expenditure ceilings is a valuable management tool that will help create greater transparency of fiscal priorities and reduce fiscal volatility.
- A continuation of vigorous policy efforts is required with an emphasis on risk management.
Areas of focus and subject coverage
- Subject: Banking, Credit, Exports, International trade, Labor, Money, Public debt, Unemployment, Unemployment rate
- Keywords: B. data standard, central bank, CR, Credit, deficit, Exports, GDP, Global, holding, ISCR, liquidity provision, output gap, potential GDP, property bubble, Unemployment, Unemployment rate