Ireland’s public finances improving at very fast pace, Moody’s says

Ireland’s public finances are improving at a very fast pace which is credit positive, ratings agency Moody’s has said

18th October, 2015

Ireland’s public finances are improving at a very fast pace which is credit positive, ratings agency Moody’s has said.

In its latest credit outlook, Moody’s said the 2016 Irish budget is targeting a general government deficit of 1.2 per cent of GDP which is lower than the 1.7 per cent presented by the government in April.

“Given Ireland’s strong economic growth (we expect real GDP growth of four per cent in 2016),...

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