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Economy to grow by 4.5% - Noonan

The Government's now predicting the economy will grow by 4.5% this year - well up on the most recent...
TodayFM
TodayFM

1:30 PM - 18 Sep 2014



Economy to grow by 4.5% - Noon...

News

Economy to grow by 4.5% - Noonan

TodayFM
TodayFM

1:30 PM - 18 Sep 2014



The Government's now predicting the economy will grow by 4.5% this year - well up on the most recent estimates just last week of growth of 3%.

It's after the Central Statistics Office published figures for the second quarter showing GDP up 7.7% since the same time last year, and GNP up 9% year on year.

The Finance Minister's confirmed the figures mean we can have a neutral budget next month, but he's warned against any clamour for giveaways.

Michael Noonan says the coalition will proceed with caution:

Business journalist Ian Guider has been looking at the figures, and we asked him, is this the end of austerity?  



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