Main points of report
Published 10/02/2011 | 05:00
Ireland's bailout programme is "on target" and an export-led recovery is under way. The banks remain "under stress" but progress on shrinking them is taking place. The Government has set up a specific IMF unit in the Department of Finance to monitor progress. Tax and spending are on target, but the public are sceptical and emigration is continuing. The organisation said it had expected higher capital spending in the Budget.