Tuesday, November 28, 2006

OECD forecasts 5% growth for the Irish economy in 2006 and 2007

RTE:

The Organisation for Economic Co-operation and Development has forecast that the Irish economy will grow by just over 5% this year and in 2007, before slowing to 4.5% in 2008.

However, the OCED warns that boosting competition in the electricity and gas sectors was becoming 'a matter of urgency', as these areas were contributing more to inflation.

The Paris think-tank said growth was being fuelled by strong household spending, but inflation was likely to remain above the euro zone average.

It urged the Government to focus on keeping inflation in check, saying the Budget should 'refrain from fuelling consumption'.

It said the Budget should prioritise spending on areas such as infrastructure and training.

Cowen urged to abolish stamp duty for new home buyers

2 Comments:

At 10:48 AM, Anonymous Anonymous said...

Thi is a really popular blog. Is it some sort of internet internal dialogue?

Are you the cyberspace equivalent of the drunken man talking to himself on the street?

 
At 3:57 PM, Blogger Diarmid said...

Are you the cyberspace equivalent of the drunken man talking to himself on the street?

Well, I was able to get your attention which I guess makes you another drunk.

 

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