BERLIN: Ireland’s lenders should set some money aside for when the country exits its bailout, which it should do step by step, a senior International Monetary Fund official said yesterday.
Ireland is scheduled to quit its ¤85bn rescue programme next month, becoming the first euro zone country to do so.
“Ireland has done everything it can to stabilise its economy again but the economy remains weak,” David Lipton, first deputy managing director of the IMF, said.
Given this, the ‘Troika’ of lenders from the IMF, European Commission and European Central Bank should support Ireland with “precautionary measures” to cement its transition back to financial independence. Reuters