Windsor Framework & Northern Ireland Protocol Overview
Medium term challenges/opportunities
External environment is challenging – inflation abating but European slowdown more likely
Inflation
Inflation moderating in
Ireland similar to other
European economies.
Core inflation remains
elevated but consumption
resilience evident in face of
interest rate hikes
Growth
Labour market strength
remained in 2023.
Multinationals and healthy
domestic balance sheets
helping to offset impact
from monetary policy
Slowing growth in Europe is
a headwind
Fiscal
Large surplus (2.7% of GNI*)
expected for 2024 via
exceptional CT receipts.
Two new investment funds
to be established. Intention
to save windfall tax receipts
and partially alleviate future
fiscal/climate challenges.
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
CO
6View entire presentation