One more chance to achieve our social goals

YOUR report headlined ‘Ireland warned property slump looming’ only tells part of the story (Irish Examiner, August 8).

The International Monetary Fund (IMF) statement pointed out that a number of its directors “saw less merit in fiscal tightening at the current juncture, pointing to the need for further increases in spending to achieve social goals”.

Following in the footsteps of numerous EU, UN and OECD reports, we have reached an interesting point when even the International Monetary Fund has to remind us of the importance of social investment.