Investec offers economy pre-Budget backing

The Irish economy has been given a major thumbs up before next month’s pivotal budget with the country predicted to once again be one of the fastest growing economies in the world despite a range of economic headwinds emerging this year.

Having been the poster boy of European recovery over the past number of years, a range of obstacles including a fragile domestic government and the UK’s decision to leave the EU have shaken economic confidence in recent months.

Investec Ireland chief economist Philip O’Sullivan has given the economy a clean pre-budget bill of health, however, arguing that a range of indicators point to a strong finish to the year for the Irish economy.