Ireland: Sixth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.
June 15, 2012
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The Sixth Review Under the Extended Arrangement with Ireland highlights that Ireland’s policy implementation has continued to be steadfast. Ownership of the program remains strong despite the considerable challenges the country is facing. Ireland’s 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.
Subject: 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
Pages:
88
Volume:
2012
DOI:
Issue:
147
Series:
Country Report No. 2012/147
Stock No:
1IRLEA2012002
ISBN:
9781475504484
ISSN:
1934-7685
