McGrath: Recession in Ireland next year cannot be ruled out

'Of course, it is a possibility we cannot rule out that scenario. The level of growth that we are forecasting for next year, is modest, just over 1%'

Public Expenditure Minister Michael McGrath said the Government was forecasting modest growth but a slip into negative growth is possible.

Recession in Ireland in 2023 cannot be ruled out and is a possibility, Public Expenditure Minister Michael McGrath has said.

Speaking at Government Buildings on Tuesday, Mr McGrath said the Government was forecasting modest growth but a slip into negative growth is possible.