IMF cast doubt over 26% growth figures

The International Monetary Fund has raised “serious questions” over the accuracy of the CSO’s 26% ‘leprechaun economics’ growth figures, and threatened to pull a report on the Irish economy because of them.

Such was the concern, the IMF was seeking a scrapping of the report and full reassessment of the Government’s figures and budget policy measures as a result.

Earlier this year, the Central Statistics Office published controversial figures suggesting economic growth in Ireland in 2015 grew by a staggering 26%.