'Exceptional' corporate tax receipts could be at risk in coming years, Central Bank warns

Central Bank Deputy Governor said risks to Ireland's fiscal position have increased given recent international developments

Vasileios Madouros, Deputy Governor, Monetary and Financial Stability, Central Bank of Ireland.  Pic:Naoise Culhane no fee

Ireland's "rapidly" growing economy and "exceptional" corporate tax receipts could be at risk in the coming years, the Central Bank of Ireland has warned, with external developments leading the Irish economy into a period of heightened uncertainty. 

Speaking at the Oireachtas Budgetary Oversight Committee on Tuesday, Deputy Governor of the Central Bank Vasileios Madouros said that while Ireland is in a strong position, underlying vulnerabilities need to be managed carefully.