Ibec predicts moderate Irish economic growth of 2% this year and 2.7% next, but warns of risks from global trade tensions and FDI competition.

Ibec, Ireland's employers group, predicts a soft landing with moderate growth for the Irish economy this year (2%) and next (2.7%), but warns of risks from global trade tensions & competition for foreign direct investment. They emphasize the need for infrastructure investment, skills development, and a transformative vision for the energy sector. Ireland's economic growth may be hindered by delayed infrastructure, including water, energy, and transport facilities.

August 22, 2024
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