Oireachtas Joint and Select Committees
Wednesday, 18 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
I welcome Dr. Donovan. Dr. Donovan said the IMF failed Ireland in terms of surveillance and asked how it got it so wrong. Dr. Donovan has 30 years of experience in the IMF. He has been involved in missions worldwide. What would he have done differently, and what recommendations could the IMF have made in respect of its surveillance of Ireland before the crisis? In what year should it have identified that there was a crisis looming?
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