Howlin criticises 0% growth outlook

THE Government has criticised the OECD’s move to cut its growth forecasts for the Irish economy from 1.5% to 0%.

The international economic development body yesterday said that it now expects Irish GDP to show no growth this year.

Addressing the Leinster Society of Chartered Accountants, Public Expenditure Minister Brendan Howlin said the outlook was “out of line”.