IMF delays bailout vote until after Dáil debate

The International Monetary Fund says its executive board will delay consideration of a rescue plan for Ireland until after the Dáil votes on the proposed bailout.

The International Monetary Fund says its executive board will delay consideration of a rescue plan for Ireland until after the Dáil votes on the proposed bailout.

Yesterday, the Government announced it would be putting the €85m EU/IMF deal to a vote on Wednesday.

The IMF said the Government has informed it that while parliamentary approval is not legally required, the deal will be put to the Dáil to strengthen political support for it.

Opposition leaders have previously claimed that, according to the Constitution, deals such as that with the IMF required Dáil approval.

If the deal is approved, its understood Dominique Strauss-Kahn could recommend approval of the loan as early as Thursday.

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