Ireland to base budget on assumption of no deal Brexit

Click For Larger Image & Read More
Ireland to base budget on assumption of no deal...
 © In-Cyprus 2019
Ireland will base next month’s budget for 2020 on the assumption of a no deal Brexit, setting aside funds for vulnerable sectors and allowing the state’s finances to return to deficit, Finance Minister Paschal Donohoe said on Wednesday.

Ireland presented two budget strategies for 2020 in June, a preferred option that would have seen its budget surplus grow if its neighbour leaves the EU in an orderly way, and a no-deal scenario forecasting a deficit to absorb the shock of such an outcome.

“Given the uncertainty and lack of clarity regarding the timing...


This article was automatically added to our system 11-9-2019

Ireland to base budget on assumption of no deal Brexit


The contents of this article including any associated images are © In-Cyprus 2019
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

  • Click Here To View
Advertise Here

  Trending Cyprus News

  • Click Here To View
Advertise Here

Article Tags: ireland, budget, assumption, brexit,