Thursday July 16, 2020

VIDEO: 26 per cent figure not helpful - NTMA chief

Agency sees no immediate pressure on funding

14th July, 2016
Not helpful...Conor O'Kelly Pic: RollingNews.ie

The head of the agency which manages Ireland's debt has said recent figures showing 26 per cent growth in the Irish economy last year are "not helpful".

But National Treasury Management Agency (NTMA) chief executive Conor O'Kelly added that investors understood the nature of the Irish economy.

Speaking at a half-year update, he also said it would take time before the impact of the Brexit referendum on debt markets could be properly assessed.

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