Northern Ireland recession likely to be avoided in 2023, economists say

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Northern Ireland recession likely to be avoided in 2023, economists say
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Northern Ireland looks set to avoid recession this year as the economy has shown more resilience than expected, according to UlsterUni economists

While the private sector grows, the public sector may face challenges over the next few years, an economist saidNorthern Ireland is likely to avoid recession in 2023 as the economy has shown more resilience than expected, economists at Ulster University have forecast.

Meanwhile, Mr Hetherington warned that Northern Ireland's public finances will remain very challenging over the next three to five years. "The current crisis represents our budgetary day of reckoning and we should be taking a similar strategic approach to identifying priorities," he added.

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