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Jul 12 2019, 07:20 IST/BST
Irish economy
Room for manoeuvre in Budget 2020 getting squeezed
DAVY VIEW
Despite talk of prudence, the underlying message in the Summer Economic Statement was that spending could rise faster than the 2.5% pencilled into current projections for 2020. If so, Ireland’s surplus could fail to rise above €1bn as planned. However, Ireland looks well placed to benefit from a restart of the ECB’s Public Sector Purchase Programme (PSPP) and will continue to diversify its funding through further green bond issuance.
