Ireland: Staff Report for the Third post-Program Monitoring Discussions

June 22, 2015

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Format: Chicago

Ireland: Staff Report for the Third post-Program Monitoring Discussions, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This paper discusses the recommendations of Third Post-Program Monitoring Discussions with Ireland. Ireland’s strong economic recovery is continuing in 2015, following robust growth of 4.8 percent in 2014. A range of high frequency indicators point to an extension of the solid recovery momentum into 2015, with growth increasingly driven by domestic demand as well as exports. Financial conditions remain highly supportive despite some recent bond market volatility. Ireland’s economic rebound is in full swing, yet fiscal restraint must be maintained in 2015. Fiscal policy should make solid progress toward balance in the favorable economic environment, and the limited fiscal space in coming years should be used to support durable growth.

Subject: Banking, Credit, Financial institutions, Fiscal policy, Fiscal stance, Loans, Money, Mortgages, Public debt

Keywords: Asset, Bank, CR, Credit, Fiscal stance, GDP, Global, ISCR, Lending interest rates, Loans, Market, Market condition, Market recognition, Mortgages, Profitability remains weak, Resolution effort, Third Post-Program Monitoring Discussions, Yield

Publication Details

Pages:

32
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/154
Stock No:

1IRLEA2015007
ISBN:

9781484391228
ISSN:

1934-7685

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