Monday 5 December 2016

Brendan Keenan: Tough task is to cut while trying to protect poor and vulnerable

Published 11/09/2012 | 17:00

THE IMF, it is fair to say, is not generally regarded as a friend of the poor; even if the organisation has changed since the days when it swept through impoverished, developing countries like an avenging angel.

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Yet here it is, in its new report on Ireland, sounding like Inchydoney Man, the mythical socialist conjured up by Bertie Ahern in his latter days -- with one big difference.

Inchydoney (where Fianna Fail had a famous conference) was all about spending more money. The IMF is about spending less. But a major theme of yesterday's IMF report is how that can be done with the least damage to the less well-off and vulnerable, and to the public services on which they depend.

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