Ireland's economy has long hinged its vitality upon the presence of MNCs - Trump's Presidency has set its sights on quashing Ireland's status as a tax haven.

In light of this, the decision of the Government to defund the NDRC could not have happened at a worse time.

The prospect of MNCs leaving Ireland's shores, as well as a native tech sector that's ill-conducive to startups, leaves Ireland in a position of economic precarity.

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