The IMF has warned that Ireland faces "significant" risks that could affect our ability to repay the aid loan.
The International Monetary Fund also forecast that we would miss achieving a 3% deficit of GDP by 2015.
The comments come in a staff report issued a day after it approved a €22.5bn loan for Ireland, as part of an €85bn bailout.
The group said that downside risks are significant - stemming from "deflationary tendencies, overstretched balance sheets and adverse fiscal and financial feedback loops".