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Minister Noonan welcomes Moody’s upgrade
Finance Minister Michael Noonan:
"This upgrade by two notches highlights the significant progress that has been made in restoring investor confidence in Ireland, fixing the public finances and returning the economy to a path of sustainable growth and job creation. It is particularly welcome that Moody’s have singled out the success of recent NAMA asset sales and the IBRC liquidation as a key factor in their decision. This Government will continue to take actions that improve our fiscal position, supports investment and creates jobs. The NTMA is doing an excellent job in securing stable and low cost funding for the State and this upgrade will further support their funding plans"