26th July 2013
The IMF has just published the 8th Review and Country Report on Ireland. The report outlines the substantial challenges facing Ireland in 2013. Growth projections for our trading partners have been revised down and domestic demand is expected to contract again in 2013. The IMF also notes that if growth projections for 2013 were to disappoint, any additional fiscal consolidation should be deferred to 2015 to protect the recovery.