Only €500m Budget adjustment needed, Investec says

An adjustment of only €500 million is necessary for the October Budget to meet next year’s debt reduction targets, Investec Ireland has said.

22nd August, 2014
The Government has targeted a deficit of less than 3 per cent of GDP for next year

An adjustment of only €500 million is necessary for the October Budget to meet next year’s debt reduction targets, Investec Ireland has said.

In its latest assessment of the Irish economy, Investec said the domestic economy had been a key driver of growth, but that exports continued to be an integral part of the country’s growth strategy.

The Government has targeted a deficit of less than 3 per cent of GDP...

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