Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Ajai Chopra, Deputy Director of the IMF’s European Department. Photocall Ireland

Troika to announce latest report today

Representatives from the Troika are expected to announce that Ireland has been meeting targets set out in the bailout plan.

THE LATEST REPORT on Ireland’s fiscal performance by the European Commission, European Central Bank and International Monetary Fund will take place later today.

The Minister for Finance Michael Noonan has already indicated that the country is still on track to meet targets, ahead of the announcement by representatives from the troika, Reuters reports. Ireland has passed all of its reviews to date.

The processes of bank capitalisation and restructuring are thought to be running slightly ahead of targets, while government income and the budget deficit appear to be hitting goals, RTÉ reports.

Noonan said that the government will work towards reducing the budget deficit to 8.6 per cent of GDP next year.

Read: Meeting Troika targets in 2012 is “not credible”, says social justice body>

Read: Bailout is “dispossessing poor and vulnerable people” of their money>

Read: Troika wanted Ireland to commit to €5bn sale of assets – Howlin>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
5 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds