IMF Staff Country Reports

Ireland: Selected Issues

September 29, 1997

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Format: Chicago

International Monetary Fund. "Ireland: Selected Issues", IMF Staff Country Reports 1997, 077 (1997), accessed 2/9/2026, https://doi.org/10.5089/9781451818697.002

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Summary

This Selected Issues paper analyzes budgetary developments in Ireland during the 1990s. The paper highlights that Irish fiscal policy has been central to the social consensus on macroeconomic policies. The economic buoyancy has reinforced this cycle by facilitating the tax cuts and increases in social spending that have been instrumental to the social consensus on policies, while also helping to keep deficits low. The paper also discusses the participation of Ireland in the European Monetary Union.

Subject: Expenditure, Labor, National accounts, Public financial management (PFM)

Keywords: Budget planning and preparation, budget target, CR, deficit, EMU DM interest rates, EMU membership, ERM band, Europe, family income, GDP, Government debt management, government deficit, Income, Ireland, ISCR, spending, unemployment assistance, Unemployment benefits