IMF delivers $1.15bn bailout funds for Ireland

As a part of a three-year 29.62 billion dollar arrangement under the Extended Fund Facility, the International Monetary Fund (IMF) has released a further 1.15 billion dollar (920 million euro) to Ireland following the seventh review of Ireland's economic performance. The total disbursements under the EFF now amount to 24 billion dollars, the IMF said in a news release. The bailout fund comes as a part of an overall financing package amounting to about 106 billion dollars for Ireland also supported by the European Financial Stabilization Mechanism and the European Financial Stability Facility.