Ireland: Tenth Review Under the Extended Arrangement
IMF Staff Country Reports, June 19, 2013
Source details
- Canonical URL
- Ireland: Tenth Review Under the Extended Arrangement
Other formats
Bibliographic details
- Published: June 19, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475532975.002
Summary
- Ireland’s strong policy implementation and market conditions have improved macroeconomic indicators to show positive signs.
- An uncertain medium-term outlook could hamper the prospects.
- Bank-supported recovery through timely action on lingering financial sector issues has been identified as necessary for sustained growth.
- Steady progress in fiscal consolidation must be maintained to support Ireland’s durable return to reliance on market financing.
- Determined policy implementation of strengthened activation policies and SME supports is required to support growth and contain unemployment.
Financial sector and banking
- Emphasis on bank-supported recovery through timely action on lingering financial sector issues.
- Subject tags include: Banking, Credit, Financial institutions, Loans, Money, Mortgages, Nonperforming loans, Public debt.
- Keywords highlighting financial focus: 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.
Fiscal consolidation and market financing
- Steady progress in fiscal consolidation is highlighted as necessary to support a durable return to reliance on market financing.
Labor market, activation policies, and SMEs
- Determined policy implementation of strengthened activation policies is required.
- Targeted SME supports are recommended to support growth and contain unemployment.
Content in this bundle
- Ireland: Tenth Review under the Extended Arrangement, IMF Country Report 13/163; June 3, 2013