BP Exclusive

Michael McGrath exclusive: ‘We’ve turned corner on inflation and economy will remain strong in 2024’

Finance minister tells

Michael McGrath Minister for Finance: “There are undoubtedly headwinds, in the global economy that are having an impact on Ireland given the open, export-oriented nature of our economy.” Picture: Norma Burke

Ireland’s finances are set to perform strongly next year as the burden of inflation eases, despite the impact of global headwinds on the country’s economy, Michael McGrath has said.

Speaking to the Business Post, the Minister for Finance confirmed the state’s finances will finish the year in surplus and that he is confident that income tax and Vat, which are closely linked to the domestic economy, will continue to perform well in the months ahead.