Fears the Irish economy would be seriously hit by US President Donald Trump’s tariffs have so far largely failed to materialise.
That is because tariffs have generally not been applied to pharmaceutical products which are Ireland’s main export to the US.
The Irish economy has also been underpinned by a continuing corporation tax windfall.
A national wealth fund has been set up to invest some of that money but it is also allowing day-to-day government spending to increase which adds to economic growth.
The Irish government is also planning major infrastructure projects in the coming years, including Dublin’s first underground railway line.