discuss irelands medium term growth prospects as shown in the 2016 budget

discuss irelands medium term growth prospects as shown in the 2016 budget

 

 

answer:
The 2016 Ireland budget has various components. The growth will initially enhanced through the growth of the housing sector. This will be undertaken through the increase the provision of residential housing to more than 17000 people and this will encourage development and increase spending potential. The Iriish government has also increased focus on the welfare of children and increased fund allocation through the schools and meals programmes. This can only benefit development as it will cause children to grow better and increase earning potential in the future. The budget has also helped entrepreneurs through the granting of income tax credit to entrepreneurs and encouraging them to save and invest more in the economy. This will help to boost the economy in the medium and long term as investment increases.

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