August 2003

19 August 2003
Publication of Economic Review and Outlook 2003

The Department of Finance published the Annual Review and Outlook today, dealing with the outturn for the economy for 2002 and prospects for 2003.

19 August 2003
Adobe PDF format documentEconomic Review and Outlook 2003 (PDF document)

This report was prepared in the Department of Finance based on data to end-July. It opens with a tabular summary of the main economic aggre-gates, including revised forecasts for 2003. A commentary on the economic situation follows in Part I. This identifies the main challenges which will have to be addressed if the economic progress of recent years is to be sustained. Part II deals with the international economic situation. Part III describes developments in the domestic economy in 2002 and also deals with trends and forecasts for 2003. The Appendix presents more detailed budgetary and economic statistics.