An exchequer surplus of €12.1 billion was recorded in the year to end-November, but it would be reckless to assume this economic resilience will continue regardless of the challenges ahead – and there are unsettling echoes of 2007, writes JohnWalsh09.
The global economic backdrop is darkening. Rising interest rates, a downturn in the tech sector and a biting cost of living crisis all came to the fore this year and will persist well into 2023. In this context, the performance of the Irish economy has been remarkable over the past 12 months.
The latest exchequer figures underline the resilience of the economy. As Michael McGrath takes over from Paschal Donohoe as Minister for Finance, tax ...
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