The chief executive of the National Treasury Management Agency, Conor O'Kelly, has told an audience of investors that the economy is set to return to pre-pandemic levels of activity early next year.
Speaking at an event organised by the Irish Strategic Investment Fund, Mr O'Kelly said Ireland's position coming out of the pandemic crisis "couldn't be more different" from the period following the financial crisis.
Mr O'Kelly said technology, pharma, food and financial services companies here are all exporting goods and services which are in demand, creating "sustainable profitability" and government revenue.
On the tax front, income tax fell in the last crisis by 11% but is now already 17% above its 2019 level. Disposable income, despite the