DUBLIN (Reuters) - Growth in Ireland's gross domestic product (GDP) could be 4.25 percentage points less than currently forecast by 2023 under a disorderly Brexit, and swing state finances back into a modest deficit from this year, its finance department forecast on Tuesday.
Ireland's central bank warned on Friday that a no-deal Brexit could knock as much as 4 percentage points off the economy’s growth rate in its first full year and up to 6 percentage points over a decade.
"It is important to recognise that such estimates may not capture the full impact, and the figures may be conservative," Finance Minister Paschal Donohoe said in a statement, citing the unprecedented nature of a disorderly departure by Ireland’s nearest neighbour.
(Reporting by Padraic Halpin; editing by John Stonestreet)
