Brexit not the only worry, says Central Bank
In its latest quarterly bulletin, the bank expects GDP to grow by 4.2 per cent this year and 3.6 per cent in 2020, with the 2019 forecast slightly lowered from its last bulletin
In its latest quarterly bulletin, the bank expects GDP to grow by 4.2 per cent this year and 3.6 per cent in 2020. The 2019 forecast is slightly lower than the 4.4 per cent figure in its last bulletin and follows estimated growth of 6.7 per cent last year.
“This moderation reflects both the impact of a weaker international economic environment and reduced potential for growth in the domestic economy,” says the bank’s director of economics and statistics, Mark Cassidy....
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures