Press Release: IMF Statement on Ireland

November 16, 2010

Press Release No. 10/441
November 16, 2010

A spokesperson for the International Monetary Fund (IMF) issued the following statement today on Ireland:

“We welcome the intention of the Irish authorities to implement a decisive multi-year fiscal plan and measures to bolster and strengthen its financial sector.

“At the request of the Irish authorities, an IMF team will participate in a short and focused consultation, together with the European Commission, and the ECB, in order to determine the best way to provide any necessary support to address market risks.”

IMF EXTERNAL RELATIONS DEPARTMENT

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