IMF: Ireland's growth remains positive amid high levels of uncertainty

The IMF report detailed that growth was expected to slow from 13.5% in 2021 to a "still robust" 7.5% this year. Picture: Andrew Harrer/Bloomberg

The International Monetary Fund (IMF) has said that Ireland's economic outlook remains positive despite the substantial uncertainty due to the war in Ukraine.

The international financial institution stated that while growth is expected to remain strong Ireland was likely to face economic indirect effects of the war to rising inflation levels and a decline in global demand.