Economic Growth is expected to be strong for this year and 2016, according to the latest ESRI forecast.
Irelands Gross National Product is set to grow by 4 per cent each year.
In the Quarterly Economic Commentary, published today, the ESRI researchers also predict a decline in unemployment. It's envisaged unemployment will fall to 8.4 per cent next year.
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Associate research Professor at the ESRI Kieran McQuinn, said that's thanks to strong domestic growth: