Monday 25 September 2017

IMF pays out further €770m in bailout cash

Thomas Molloy

Thomas Molloy

THE IMF last night paid a further €770m as part of the country's bailout and predicted that the economy will pick up in the rest of the year.

In its 11th review of the economy, the fund said the jobs situation had improved but noted long-term unemployment was still a concern. Employment grew 1.8pc year-on-year and recent indicators suggested a growth pick-up in the second half of 2013.

Irish Independent

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