Belfast Telegraph
Wednesday, 18 July 2012
The Government must cut Ireland’s high social welfare benefits to encourage people back to work, the International Monetary Fund (IMF) has said.
The organisation warned that dole payments are high by international standards and responsible for “low exit rates” from the Live Register.
As the IMF forecast the economy to grow by just 0.5% this year, it said certain welfare payments should be means-tested to avoid long-term unemployment.
Its growth forecast differs from the Government’s, which stands at 0.7%.
The organisation, one of three bodies overseeing Ireland’s 85 billion euro bailout, suggested people out of work should be willing to take jobs regardless of suitability.
Read more: Benefits must be cut, says IMF
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