No-deal Brexit would mean 4% fall in GDP growth, says Finance

13th October, 2019

A no-deal Brexit would result in nearly 4 per cent less GDP growth in five years’ time for Ireland, according to new data from the Department of Finance.

The analysis that informed Budget 2020’s fiscal cautiousness predicts GDP growth in the next five years depending on whether there is a deal, no deal or no Brexit at all.

Although the projection model sees overall year-on-year growth in the gross domestic product, a no-deal Brexit...

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