BoI: Full employment to constrain growth to 6%
18/04/2005 - 11:54:35The Irish economy is now growing broadly in line with its potential, although growth over the next few years is likely to be constrained to 6% as a result of full employment, according to the Bank of Ireland Global Markets Economic Outlook, published today.
BoI’s outlook predicts that the Exchequer’s finance deficit will be transformed to a €1.2bn surplus this year.
It also looks forward to consumer-led growth being bolstered in 2006 by the release of SSIAs.
