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IMF chief Dominique Strauss-Kahn Thanassis Stavrakis/AP/Press Association Images

IMF

IMF approves €22.5bn assistance to Ireland

The IMF had delayed the approval to allow for the Dáil vote.

THE INTERNATIONAL MONETARY Fund has approved its €22.5bn contribution to the financial assistance programme for Ireland.

The board of the IMF met in Washington today and approved the bailout, RTÉ reports.

The IMF’s decision is a formality, which was originally due to be passed last week. However, it was postponed to allow for a parliamentary debate and Dáil vote.

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Author

Jennifer Wade

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