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Overseas investment to slow in second half of 2023, IDA boss says

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Ireland’s inward investment agency is bracing for a slowdown in activity from multinationals in this country for the rest of 2023, its new chief executive has said, after a decade of what he called “staircase growth”.

Michael Lohan, who has led IDA Ireland since March, told a Bloomberg economics conference there are “both

challenges and opportunities” for the country when it comes to overseas investment amid market turbulence.

 

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