Ireland Fourth Post-Program Monitoring Discussions-Press Release; and Staff Report

This paper focuses on Ireland’s 2015 Fourth Post-Program Monitoring Discussions. Ireland’s economy continues to improve at a robust pace. Real GDP expanded by 7 percent year-over-year over the first three quarters of 2015, with investment providing the largest contribution to growth followed by priv...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper focuses on Ireland’s 2015 Fourth Post-Program Monitoring Discussions. Ireland’s economy continues to improve at a robust pace. Real GDP expanded by 7 percent year-over-year over the first three quarters of 2015, with investment providing the largest contribution to growth followed by private consumption. High frequency indicators suggest that the strong economic momentum continued into the last months of 2015. Exchequer data for December indicate that 2015 revenues significantly exceeded the initial budget profile, whereas spending recorded a modest increase, leading to a likely outperformance of IMF staff’s estimate of the 2015 general government deficit
Physical Description:36 pages
ISBN:9781513543185