IMF, EC and ECB: Irish budget deficit projected to be below 10.5% of GDP in 2011
- Ireland’s programme remains on track and is well financed
- Irish authorities have continued to steadfastly implement programme policies
- Bond market tensions escalated during visit but program financing is cushioning impact on Ireland
- Modest irish economic growth expected in 2011, expected to strengthen next year and beyond
- Continued strong policy implementation important to limit potential contagion effects
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