Ireland: Sixth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.
IMF Staff Country Reports, June 15, 2012
Source details
- Canonical URL
- Ireland: Sixth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.
Other formats
Bibliographic details
- Published: June 15, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475504484.002
Key findings
- Policy implementation has continued to be steadfast.
- Ownership of the program remains strong despite the considerable challenges the country is facing.
- Progress in strengthening the financial system is reflected in the stability of the overall level of deposits in the banking system.
- Financial sector and structural reforms are advancing as envisaged.
- The authorities remain committed to achieving the 2012 fiscal targets and are developing a package of specific measures to further underpin the 2013–15 consolidation.
Policy commitments and recommendations
- Authorities committed to achieve the 2012 fiscal targets.
- Authorities developing a package of specific measures to further underpin the 2013–15 consolidation.
- Continue advancing financial sector and structural reforms as envisaged to sustain program objectives.
Financial sector observations
- Stability of the overall level of deposits in the banking system noted as evidence of progress in strengthening the financial system.
Subjects and keywords (as listed)
- Subjects: Banking; Credit; Financial institutions; Income; Loans; Money; Mortgages; National accounts; Public debt
- Keywords: asset; consumer sentiment; CR; Credit; Europe; fiscal consolidation; government bond yield; IMF quota; IMF staff calculation; Income; ISCR; Loans; market access; May exchequer; Mortgages; policy implementation; Ten-Year sovereign bond spread; two-year sovereign bond spread; year sovereign bond
Content in this bundle
- _cr12147 - Selected Economic Indicators, 2008–13