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Thu 04 Apr 2003Housing the only part of economy that's buoyant

Analysis: McCreevy can take some comfort from Exchequer Returns.Is it possible that the housing market is the only buoyant part of the economy?

The latest Exchequer Returns suggest that this is possible. They also indicate that weak revenues could put pressure on the Exchequer borrowing target for 2003, although the Minister for Finance, Mr McCreevy, will take some comfort that the pluses and minuses have roughly cancelled out in the first quarter.

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