Ireland will avoid recession but growth is slowing, says the IMF
IMF downgrades its forecasts for Ireland, which now sits seventh among the 20 Eurozone countries in terms of growth
Ireland’s economy will avoid a recession this year but is losing ground to the US and several eurozone countries, the International Monetary Fund (IMF) has said.
In its latest world economic outlook, published on Tuesday, the IMF downgraded its forecasts for Irish growth, which now sits seventh among the 20 Eurozone countries in terms of growth.
The IMF also marked down global growth rate, concluding the world economy was “limping along, not sprinting”.
According to ...