Ireland: 2016 Sixth Post-Program Monitoring Discussions-Press Release; and Staff Report for Ireland
IMF Staff Country Reports, February 3, 2017
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- Ireland: 2016 Sixth Post-Program Monitoring Discussions-Press Release; and Staff Report for Ireland
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Bibliographic details
- Published: February 3, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475574364.002
Main findings: growth and demand
- Ireland continued to grow at a healthy pace in 2016, mainly driven by domestic demand.
- Employment gain is implied by the subject keywords but specific employment figures are not provided in the source text.
External accounts
- The current account surplus widened somewhat in the first three quarters of 2016.
Public finances and fiscal outlook
- Exchequer data for December confirmed the positive trend in public finances.
- The headline general government deficit is expected to end the year on target at 0.9 percent of GDP.
- The debt burden is on a steady downward path.
Financial sector and banking
- Balance sheet repair of domestic banks has continued.
- Profitability of domestic banks remains weak.
Property market
- Property market conditions have tightened further, mainly owing to a limited supply response.
Content in this bundle
- Country Report