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IMF Gives Green light for new funding

 

The IMF has given the green light to its next round of funding for Ireland.

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After a meeting in Washington, the fund approved a loan of 3.9 billion euro as part of our bailout programme.

It brings their contribution to the 85 billion euro plan so far to around 13 billion.

The decision comes just a day after the European Commission confirmed that we’re keeping to the terms of our bailout, paving the way for the next round of funding from Europe.

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