According to the official estimates, without the above provisions net borrowing in 2007 would be close to 1.5 per cent of GDP. The Report estimates that the ratio of revenue to GDP in 2007 will be 0.6 percentage points higher than in 2006.
With this in mind, the Central Bank of Ireland and the Institute of Directors in Ireland are hosting this joint event to facilitate a broad discussion and sharing of ideas from theoretical, practical and regulatory perspectives. We look forward to hearing your opinions and experiences and we hope it will be an informative and thought-provoking forum. What is risk appetite?