Saturday October 24, 2020

Cutbacks will last a decade says Friends First report

Belt tightening and further cutbacks are the dual realities facing virtually every Irish citizen for the best part of a decade, according to Friends First chief economist Jim Power.

30th November, 2011

Belt tightening and further cutbacks are the dual realities facing virtually every Irish citizen for the best part of a decade, according to Friends First chief economist Jim Power.

But Ireland has made progress and the Government must remain resolute and continue on its current fiscal path, he said in his pre-Budget Quarterly Economic Outlook, released today. Nevertheless, Power said external global factors which we cannot control will also dictate the pace of Ireland’s recovery....

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