He also expects economic growth to reach 5 per cent, and indeed described a growth rate around this figure as ideal in Ireland’s current circumstances.
If growth is 5 per cent and inflation 2 to 3 per cent, it follows that the expenditure side of the government budget can rise by no more than 7 to 8 per cent without the need for an increase in the tax burden or resorting to additional borrowing....
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team