Conflicting advice leaves Noonan in dilemma

Although Ireland formally exited the troika bailout programme last December, and has subsequently seen its sovereign debt upgraded and has successfully re-entered the bond markets at historically low borrowing costs, the country is still subject to external surveillance.
Conflicting advice leaves Noonan in dilemma

The IMF, which is owed a lot of money by Ireland, will continue to monitor progress in the economy along with the European Commission until all of that money is paid back.

It will assess the economic and financial progress that is being made and will continue to issue policy advice. Some might have believed that once we exited the troika programme external surveillance would cease.

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