Government economy efforts praised by IMF
The Minister for Finance has welcomed the latest assessment of the Irish economy by the board of the International Monetary Fund.
The IMF has praised the Government here for the outstanding performance of the economy and the efforts made to reduce tax and improve the public finances.
The organisation also noted the contribution made by the substantial strengthening of public finances, the welcoming policy environment for foreign investment and the sustained improvement in competitiveness.
Also welcomed is the current moderation in demand and output, noting that house-price inflation has abated.
The International Monetary Fund added that scope exists here for further de-regulation and enforcement of existing regulations in the retail, food and beverage sectors.
