DUBLIN， June 1 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) on Wednesday warned of risks of overheating Irish economy.


"Fiscal policy is projected to be somewhat less contractionary than in past years， reflecting higher expenditures planned by the authorities， including a fiscal package of 1.5 billion euros for 2016，" the OECD said.


"Nevertheless， most of the improvement will reflect stronger output growth， which raises taxes and reduces certain spending，" it said.


But the Paris-based thinktank urged the Irish government to "avoid more fiscal stimulus than currently planned in order to prevent overheating pressures."


In its biannual Economic Outlook， the OECD said the Irish economy is projected to continue its robust expansion in 2016 and 2017.


Both Ireland's exports and business investment， which surged due to temporary impetus by multinational enterprises， will moderate but remain solid， it said.


It also said activity in Ireland's domestic sector will remain firm and employment will grow steadily.


"Wage growth will be strong as the labor market tightens. Household consumption will be solid， supported by labor earnings growth and tax cuts，" the OECD said.


"The economy is projected to expand solidly， but with tightening capacity pushing up inflation，" it said.


Wage growth may turn out to be much stronger than projected， lifting demand in the short run but fuelling further inflationary pressures and eroding competitiveness， according to the OECD.


"Fiscal policy may prove more expansionary than assumed， as there will be a temptation to spend the extra revenue that very high growth will bring. This would also fuel demand pressures，" it said.


The OECD said the potential exit of Britain from the European Union would significantly affect the Irish economy.


It said Irish exports to Britain， accounting for 20 percent of its overall exports， would be particularly sensitive to any raising of trade barriers or a sharp depreciation of sterling.


Ireland's gross domestic product growth was forecast to moderate to 5 percent in 2016 from 7.8 percent in 2015 and to moderate further in 2017 to 3.4 percent， according to the OECD. Enditem

In this mesmerizing world Cheap Steven Gerrard Jersey , where there are so many things to enjoy and take pleasure of, one thing that is detrimental to all of us (although animals too suffer from it) is improper mood functioning. Mood is something that we all tend to always keep high and whenever it goes off, the whole world looks annoying and unbearable to us. Problems concerning mood happens to us often and the saddening part is we can do nothing to handle the situation. Emotional well-being is what we always try to take care of and never ever adjust with it, but unfortunately Cheap Simon Mignolet Jersey , we all have to go through this troublesome scenario where we are left with no choice but simply suffering from the problem. However, with the help of a unique natural supplement AOR SamE, you can now take care of both your mood concerns as well as emotional well-being. AOR SamE stands for S-Adenosyl-L-Methionine, which is considered to be an important biological factor as well as an effective donor of methyl group. It comprises of elements like ascorbic acid Cheap Sheyi Ojo Jersey , silicon dioxide, riboflavin, citric acid, essential magnesium stearate Cheap Sadio Mane Jersey , triethyl citrate and much more.


It helps in supporting the methylation of DNA, hormones, important phospholipids, catecholamine neurotransmitters Cheap Ryan Kent Jersey , as well as cells involved in cartilage formation. It helps in contributing to an enhanced mood functioning, bring relief to the manifestations, and eventually eradicates concerns related to osteoarthritis. The methylation plays an important role in helping the body getting rid of harmful toxins from the body and heals concerns related to chronic liver diseases. In most European countries, this natural supplement AOR SamE 400 is prescribed as an effective drug in elevating moods Cheap Roberto Firmino Jersey , thereby treating patients with low mood levels. AOR SamE 400 also helps in boosting the levels of serotonin, dopamine as well as melatonin in the brain. This eventually treats complicated concerns such as anxiety, depression, and hypertension. It also eradicates joint inflammation pains and strains acting as an effective COX-2 inhibiting drug. It comes in enteric capsules form containing more than biologically active 70% S-diastereoisomer.


The recommended dosage is taking 2-3 capsules everyday on empty stomach and should be continued for a minimum time of 2 weeks for mood elevation and 4 weeks time for relief related to osteoarthritis. You can purchase it on Cheap Ragnar Klavan Jersey , which is the leading online Canadian vitamins shop that offers a wide range of natural supplements like AOR Ortho Sleep, AOR vitamins, brad king, active collagen and much more.

Total Views: 113Word Count: 411See All articles From Author


Can crushers pay attention on environment protection


There are a lot of people who have never given any thought to getting a can crusher despite the fact that if you think about it Cheap Philippe Coutinho Jersey , every home should have one. Since just about every house uses cans, wouldn't this be a great way to take care of them? When you have a can or a drum that no longer contains anything in it then it is simply occupying a lot of space that could be devoted to something else. A majority of people therefore just throw them out wherever they want. Think of the devastating effect this has on our nature.

If you compare the number of places that you can keep these cans and drums around the world it is obviously more than the space we have to work with. This however does not stop people from dumping them anywhere they feel like since they fell it is no longer their problem once they dump it.

That is why our world is now under extreme land poll. Wholesale Jerseys From China Wholesale Jerseys China Wholesale T-Shirts Wholesale Jerseys From China Wholesale Hoodie Wholesale Nike NFL Jerseys Wholesale Hoodie Cheap NBA T-Shirts Wholesale Authentic Soccer Jerseys Cheap Jerseys China