IMF says Ireland remains strong economically despite trade tensions

The IMF’s warning Ireland’s economic resilience cannot be taken for granted.

Its latest report finds the country has maintained a strong performance, despite trade and geopolitical tensions.

It warns the fallout from the war in the Middle East calls for agile responses which prioritise temporary and targeted measures for the vulnerable, instead of tax cuts and subsidies.

The International Monetary Fund also includes a number of suggestions, such as increasing local property tax and reducing preferential VAT or excise rates.