Thursday 22 February 2018

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

Brendan Keenan

Brendan Keenan

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.

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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