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Jul 12 2019, 07:20 IST/BST
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.