COUNTY MONAGHAN IN REGIONAL ASSEMBLY AREA WITH HIGHEST COVID-19 EXPOSURE RATIO

8 May 2020 No Comments by The Northern Standard

The Northern and Western Regional Assembly area of which Co Monaghan is a part will bear the heaviest economic brunt of the current Covid-19 national medical emergency, according to its Director, David Minton. Mr Minton told the Northern Standard that the Northern and Western region had 48.6% of its commercial units operating in the sectors worst impacted by the pandemic. “Having been considered one of the fastest growing economies in the European Union in recent years, the Irish economic landscape has profoundly changed due to the outbreak of Covid-19,” Mr Minton stated.

“As per the latest estimates from the Department of Finance, the Irish economy is now projected to decline by 10.5% this year, unemployment is expected to rise to 22% by the second quarter…

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