Ireland: Ninth Review Under the Extended Arrangement

April 3, 2013

Preview Citation

Format: Chicago

Ireland: Ninth Review Under the Extended Arrangement, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

A positive financial market and real sector developments support Ireland's capacity to exit the EU-IMF supported program at year's end. But the underlying fiscal and financial situation is still difficult, and continued strong policy execution remains paramount. Improvement in dealing with nonperforming loans and preventing a rise in structural unemployment is critical to strengthen prospects for recovery. Ireland’s strong track record of budget execution must be maintained, and building on the recent strengthening of the medium-term budget framework will support a durable exit.

Subject: Banking, Bond yields, Credit, Financial institutions, Loans, Money, Mortgages, Public debt

Keywords: Bank, Bond yields, CR, Credit, Discount assumption, Europe, IMF quota, Implementation, ISCR, Loans, Mortgage, Mortgages, Policy implementation, Resolution strategy, Restructuring target

Publication Details

Pages:

96
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/093
Stock No:

1IRLEA2013001
ISBN:

9781484328958
ISSN:

1934-7685

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