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IMF team back in town

THE IMF is completing its first report on Ireland after the €85bn rescue package was agreed in December.

Officials from the IMF made a low-profile visit to Dublin last week and carried out an "interim review" into the latest economic and banking developments in the country.

It's understood that the report will deal with look at the progress by Ireland since December and whether certain "benchmarks'' are being achieved. It will also investigate the change of government and whether this could cause any "slippage'' in the programme.

It is understood that the group did not meet with Finance Minister Brian Lenihan but did meet with Department of Finance officials.