The central bank’s upgraded projection credits stronger capital spending for the revision, though it flags persistent external risks to the export-led economy.

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  • Harrison Whitmore
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    1 month ago

    Capital spending. Whose capital? Because if it’s another tranche of EU recovery money, this isn’t a forecast, it’s a countdown. What happens in 2027 when the tap closes and the cranes stop? And does 2.3% reach a single payslip, or is this another year of GDP celebrating while households quietly go backwards?