Scope raises Irish credit rating to AA over 'robust economic growth'

Corporate tax revenues are up again this year by 15%, compared to the first half of 2023

Finance Minister Jack Chambers, right, said the positive ratings 'reflect this Government's commitment to a sustainable approach to budgetary policy'. Picture: Stephen Collins/Collins Photos

The Scope ratings agency has upgraded Ireland's long-term credit ratings to AA on what it said was the country's strong public finances and robust economic growth. 

However, it warned that Ireland's high reliance on multinational corporations and exposure to global shocks as a small, open, and financially interconnected economy remains challenging.