There has been a stream of good news flow on the Irish economy in recent weeks culminating in an upgrade to its sovereign debt rating to Aa3 from A1 by Moody’s.
Nonetheless, with data remaining strong, there have been a raft of upgrades to Irish growth forecasts in the past month, most notably from the Central Bank, ESRI and Dept. of Finance
Underpinning the Irish economy’s strength and resilience are very strong financial fundamentals
The strength of the public finances means the government has been able to use fiscal policy to cushion the impact of the COVID pandemic and cost-of-living crisis on households and firms
