Economic and Investment Outlook

Surplus compares well to others Recovery in fiscal position evident, question arises to how to manage such surpluses 2023 GG Balance (forecast, % of GDP or GNI*): Ireland current estimate at 3.5% of GNI* 3 1 -1 -3 -5 -7 United States United Kingdom France Belgium Slovakia Malta Estonia Latvia Spain Lithuania Slovenia Italy Source: IMF, Irish Department of Finance Note: Irish forecast based on Department of Finance Stability Programme Update 2023 forecasts. Forecasts for other countries taken from IMF World Economic Outlook April 2023 Forecasts Germany Luxembourg Austria Finland Greece Netherlands Portugal Sweden Denmark Cyprus Ireland Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 27 27

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