Michael Noonan said that in line with each of the five previous reviews, the country has continued to achieve all of the targets. Over 100 actions have now been completed under the programme and over 70% of the available funds have been drawn down. He told a press briefing today there was ''nothing on horizon that would require a mini-budget''. The IMF, EU and ECB said that the country's fiscal consolidation efforts remain on track this year, but warned that considerable challenges remain. In a statement, the European Commission, European Central Bank and International Monetary Fund left their forecasts for growth this year unchanged at around 0.5%. "Overall, strong policy efforts by the Irish authorities, together with the support of Ireland's partners, will be needed to achieve the goals of the programme in these challenging circumstances," the troika said in joint statement. The joint statement said that market confidence in Ireland's policies has improved, contributing to some stabilisation in Irish bond spreads, although they remain elevated. It said the general deficit - excluding the cost of supporting the banks - is now estimated at 9.4% of GDP, which is well within the programme ceiling of 10.6%. ''The budget is on track for achieving the 2012 deficit ceiling of 8.6% of GDP,'' the statement added. The troika said that ongoing work to restore the health of the country's banking system is critical to enabling a recovery in the domestic demand. It noted that efforts to strengthen the quality of bank assets are intensifying through strategies for dealing with mortgage and SME loan arrears. It added that the personal insolvency reform will further facilitate the resolution of unsustainable debts. Approval of the conclusion of this review is scheduled to make another tranche of funds available for the country. The IMF will give another 1.4 billion, while the €2.3 billion will come from the EU. The next troika review is due in July.