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Budget roundup

Notes on the budget, commentary and highlights…

From Simon Barry Chief Economist at ulster Bank
Budget 2012 marked the seventh major policy initiative aimed at addressing the chronic imbalance between the State’s revenues and its spending, a process that began as far back as July 2008. Up to this week, some €21 billion in corrective measures (equivalent to some 13% of GDP) had already been implemented via a series of four formal Budget rounds and two sets of expenditure- reducing measures. Download Simon’s Budget 2012 Commentary (.PDF 70 KB)

A breakdown of the budget at a glance. Download (.PDF 70 KB)