## Ireland: Eleventh Review Under the Extended Arrangement

_IMF Staff Country Reports, October 4, 2013_

## Source details

**Canonical URL:** [Ireland: Eleventh Review Under the Extended Arrangement](https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-eleventh-review-under-the-extended-arrangement-40978)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/ireland-eleventh-review-under-the-extended-arrangement-40978/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/ireland-eleventh-review-under-the-extended-arrangement-40978/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/ireland-eleventh-review-under-the-extended-arrangement-40978/bundle-manifest.json)

## Bibliographic details
- Published: October 4, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475565935.002

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### Overview
- Policy implementation remains on track.
- Recent weak GDP data point to a slower growth recovery.
- IMF staff supports the authorities’ request for completion of the eleventh review.

### Macroeconomic developments
- Real GDP declined in the first quarter, reflecting a fall in exports and weak domestic demand.
- A range of other economic indicators are more encouraging, suggesting lower but still positive growth in 2013, though uncertainty remains.
- Growth projections for 2014 are lowered.

### Fiscal and financial sector developments
- Fiscal results remain on track.
- Sovereign and bank bond yields have risen relatively modestly in response to declining global risk appetite.

### Policy assessment and IMF position
- The IMF staff supports completion of the eleventh review under the Extended Arrangement.

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## Content in this bundle

- **Cr13305**
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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-eleventh-review-under-the-extended-arrangement-40978_