Galway Bay fm newsroom - The funds industry supports over 400 jobs in Galway.
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That's according to a report which was launched today and compiled by Indecon, an independent economic research organisation.
The report found that activity and growth in the sector delivers a €14 billion contribution to economic output nationally.
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A total of 16,000 people across Ireland are directly employed in the funds sector, contributing €837 million in taxes annually directly to the exchequer.
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