Wednesday April 1, 2020

Central Bank says outlook for Irish economy has improved but risks remain

The bank expects GDP to grow by 5.8% this year and 4.7% next year

8th December, 2015
Central Bank of Ireland

The Central Bank has said GDP will grow at 5.8 per cent this year and 4.7 per cent next year although it has identified a number of risks to the economy including a weaker global economic outlook, continued high levels of household and corporate debt and a high government debt-to-GDP ratio.

In its latest macro-economic review, the bank said the outlook for the Irish economy had improved since its last review in June.

"Stronger domestic demand is...

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