Memo: Statement by EC, ECB and IMF on the Tenth Review Mission to Ireland

Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during 23 April – 2 May 2013 for the tenth review of the government’s economic programme and met with a range of stakeholders.

Ireland’s programme remains on track, the gradual recovery is continuing and there have been further improvements in market conditions for the sovereign and the banks. The authorities have made significant progress on financial sector repair and restoring sustainability to the public finances, yet remaining challenges require continuing policy efforts.

Mission teams discussed policies for the tenth review, completion of which is subject to EU and IMF approval processes. Teams also discussed with the Irish authorities preparations for programme exit.