Disorderly Brexit to knock 4 pct Ireland's economic growth, says Central bank
The central bank forecast last month that if Britain left the European Union without a deal, it could knock as much as 4 percentage points off the economy's growth rate in its first full year and up to 6 percentage points over a decade.
"A sudden, no-deal scenario would have immediate disruptive effects that would permeate almost all areas of economic activity. The agri-food sector would be disproportionately affected, with a corresponding outsized impact on rural regions, especially near the border," Philip Lane said in a speech.
(With inputs from agencies.)
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