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The second of Greece's two international bailouts since 2010 expired on Tuesday, three days after the collapse of talks aimed at getting Athens the last of its cash infusions so it could pay the IMF bill, a precondition to working out a third bailout plan.
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Analysts said even with a clean EU-IMF report card, Dublin faced an uphill challenge.
Yet not only has Mr Noboa survived, but he has pushed through Congress a sweeping economic reform bill, clinched a $1.7 billion IMF-led aid deal and substituted the dollar for the sucre without any serious difficulties.Until now.
At the end of January the Oireachtas (parliament) passed a finance bill that met the requirements of the IMF-EU bailout by raising taxes and cutting spending in an attempt to reduce the Irish deficit by $20.5 billion over the following four years.
Meanwhile, the anti-IMF right is leaning on Republicans and Blue Dog Democrats who supported the doomed 2007 bill, which would have imposed harsh economic sanctions on Iran, a recipient of funding from the IMF.
(Tim Duy) Rethinking macro policy (IMF).
After pushing the AIB into a corner, Lenihan also ensured that legislation that would tax new bank bonuses by more than 90% would be incorporated into the bill that will ratify the IMF/ECB multibillion-euro package.
But IMF help is nevertheless urgently needed.
Still, you may have other thoughts … Updated at 3.34pm GMT 3.11pm GMT Irish unions agree pay cuts Another important development to flag up in Ireland: a breakthrough in the Irish government's bid to slash its massive public pay bill as part of the IMF/EU/ECB austerity programme.
Another asks children what the International Monetary Fund (IMF) is.
IMF loans have almost invariably been repaid with interest.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com