Economic growth forecast set to be cut

The government’s 1.3 per cent economic growth forecast for this year is likely to be cut when it revises its figures next month, according to a Department of Finance spokesman.

15th March, 2012
Economic growth forecast set to be cut
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The government’s 1.3 per cent economic growth forecast for this year is likely to be cut when it revises its figures next month, according to a Department of Finance spokesman.

But finance minister Michael Noonan still expects that Ireland will still meet its full-year budget deficit target of 8.6 per cent of gross domestic product, the spokesman said, according to a report on Bloomberg News.

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