{
  "title": "Ireland: Fourth Post-Program Monitoring Discussions-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, January 19, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-fourth-post-program-monitoring-discussions-press-release-and-staff-report-43630",
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  "summary": "This paper focuses on Ireland’s 2015 Fourth Post-Program Monitoring Discussions. Ireland’s economy continues to improve at a robust pace.",
  "sections": [
    {
      "heading": "Economic performance and outlook",
      "content": "- Real GDP expanded by 7 percent year-over-year over the first three quarters of 2015.\n- Investment provided the largest contribution to growth followed by private consumption.\n- High frequency indicators suggest that the strong economic momentum continued into the last months of 2015."
    },
    {
      "heading": "Fiscal developments and near-term fiscal outcome",
      "content": "- December exchequer data indicate that 2015 revenues significantly exceeded the initial budget profile.\n- Spending recorded a modest increase in 2015.\n- The combination of stronger-than-budgeted revenues and modest spending growth led to a likely outperformance of IMF staff’s estimate of the 2015 general government deficit."
    },
    {
      "heading": "Thematic coverage (topics addressed)",
      "content": "- Banking\n- Credit\n- Financial institutions\n- Fiscal policy\n- Fiscal stance\n- Income\n- Loans\n- Money\n- National accounts\n- Public debt\n\nSource: Ireland: Fourth Post-Program Monitoring Discussions-Press Release; and Staff Report (January 19, 2016).\n\n---\n\n Content in this bundle\n\n- cr1618\n  - cr1618 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1618 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 19, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513543185.002",
    "Real GDP expanded by 7 percent year-over-year over the first three quarters of 2015.",
    "Investment provided the largest contribution to growth followed by private consumption.",
    "High frequency indicators suggest that the strong economic momentum continued into the last months of 2015.",
    "December exchequer data indicate that 2015 revenues significantly exceeded the initial budget profile.",
    "Spending recorded a modest increase in 2015.",
    "The combination of stronger-than-budgeted revenues and modest spending growth led to a likely outperformance of IMF staff’s estimate of the 2015 general government deficit.",
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