IMF Staff Country Reports

Ireland: Tenth Review Under the Extended Arrangement

June 19, 2013

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Format: Chicago

International Monetary Fund. European Dept. "Ireland: Tenth Review Under the Extended Arrangement", IMF Staff Country Reports 2013, 163 (2013), accessed 12/22/2025, https://doi.org/10.5089/9781475532975.002

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Summary

Ireland’s strong policy implementation and market conditions have improved macroeconomic indicators to show positive signs. However, an uncertain medium-term outlook could hamper the prospects. Bank supported recovery through timely action on lingering financial sector issues has been identified for sustained growth. Steady progress in fiscal consolidation has to be maintained to support Ireland’s durable return to reliance on market financing. Determined policy implementation of strengthened activation policies and SME supports are also required to support growth and contain unemployment.

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

Keywords: banking sector, cost reduction, CR, Credit, disbursement of an amount equivalent to SDR, EFSM loan maturity, european financial stability facility, IMF quota, Ireland's banking sector stress test, ISCR, Loans, Mortgages, Nonperforming loans, pension saving