Some extravagance despite economic difficulties on show at the Galway Races.

Taoiseach Bertie Ahern, who was attending the Galway Races, said that the Irish economy is going through a difficult period but was still performing well by international standards. Bertie Ahern said that people should be proud of how well the Irish economy was doing compared to other EU countries. Minister for Finance Charlie McCreevy, says that people are entitled to enjoy themselves.

Despite the uncertain economic outlook, people came to spend, spend and spend.

More than 30,000 people were at Ballybrit for one of Ireland's great sporting days with the feature race being the Galway Plate.

Race horse owner JP McManus says that as long as the money lasts, people stay for the seven days of the event.

An RTÉ News report broadcast on 31 July 2002. The reporter is Jim Fahy.