Bank of Ireland expects the Irish economy to grow by 10.7 per cent this year. Photograph: iStock
Bank of Ireland has upgraded its forecast for Irish economic growth this year to almost 11 per cent, which is expected to make Ireland the fastest-growing advanced economy in the world.
The bank said the upward revision, which tallies with the Department of Finance’s own forecast, was driven mainly by “a buoyant pharmaceutical sector, resilient consumer spending and strong public investment”.
It projected the economy would expand by 10
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