Press Release: Statement by the EC, ECB, and IMF on the Review Mission to Ireland

Press Release: Statement by the EC, ECB, and IMF on the Review Mission to Ireland: The objectives of Ireland’s EU-IMF supported program are to address financial sector weaknesses and to put Ireland’s economy on the path of sustainable growth, sound public finances, and job creation, "while protecting the poor and most vulnerable". The program includes loans from the European Union and EU member states amounting to €45.0 billion and a €22.5 billion Extended Fund Facility with the IMF. Ireland’s contribution is €17.5 billion. Approval of the conclusion of this review is scheduled to make available a disbursement of €1.4 billion by the IMF € 2.3 billion by the EU. The mission for the next program review is scheduled for July 2012.?