IMF says we must maintain fiscal discipline

Monitors warning against proposed cuts and changes to the Universal Social Charge

The International Monetary Fund says Ireland must maintain fiscal discipline.

It has finished its fourth post-programme monitoring following Ireland's exit from the EU/IMF Bailout programme in December 2013.

The IMF says the Irish economy continues to progress at a strong pace, however, challenges still remain.

It is warning against cuts and changes to the Universal Social Charge, being proposed by Fine Gael, Labour, Fianna Fail and Sinn Fein ahead of the general election.

It also says measures to boost housing supply are welcome in order to stimulate construction activity.