Ireland’s Outlook Raised to Positive by S&P on Tax Receipts
Sun, Nov 17, 2024 5:11 PM

Ireland’s Outlook Raised to Positive by S&P on Tax Receipts

A Flip by Shubhangi Gupta
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S&P Global Ratings put a positive outlook on Ireland’s credit rating, underscoring just how robust the country’s finances are ahead of next month’s general election. The ratings firm expects Ireland to use proceeds from corporate tax receipts to rebuild fiscal buffers. S&P currently scores the country eight levels above junk, having lifted the rating one notch to AA in May last year.

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