IMF warns Ireland in ‘uniquely vulnerable’ position

The International Monetary Fund has urged the Government to “strengthen fiscal buffers, address key structural bottlenecks to growth, and continue preparing for Brexit” in its latest assessment on the country’s finances.

The IMF executive board report said: “While the outlook remains favourable, there are challenges from domestic capacity constraints and external downside risks, notably a no-deal Brexit, escalation of global protectionism, and adapting to ongoing international tax changes.”