NEW YORK (Reuters) - The International Monetary Fund on Wednesday approved a 3.9 billion euro ($5 billion) disbursement to Ireland under the country's IMF-EU rescue loan agreed in December last year to address the country's financial crisis.
The IMF loan tranche is part of a broader 85 billion euro ($110.08 billion) financing package for Ireland from the IMF and European Union. The IMF said it would issue a full statement on board deliberations later.
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