Investor Presentaiton
External environment supportive
2021 seeing the global economy rebound given large stimulus & vaccines
2020
2021
Exports driven by demand for multinationals products -
Pharma. and Tech
EA Monetary Policy
Max accommodative
Max accommodative
50%
EU Fiscal Policy
Expansionary
Expansionary
40%
30%
US Monetary Policy
Max accommodative
Max
20%
accommodative*
10%
US growth
Covid-19 shock
Rebound
0%
-10%
Oil price
Significantly down
Rising
-20%
UK growth
Covid-19 shock
Rebound
2000
Euro Growth
Covid-19 shock
Rebound
EA Inflation
Close to Zero
Rising
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: NTMA analysis, CSO
*prior to the Q4 taper
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
- Exports
-Chemical Products and Computer Services
- Exports ex. Chem & Comp
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