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#Irish Fiscal Advisory Council

# irish-fiscal-advisory-council - Wednesday 26 May, 2021

Ireland's budgetary watchdog barks over 'large, permanent increases' in government spending
# Morning Memo
# Morning Memo

Ireland's budgetary watchdog barks over 'large, permanent increases' in government spending

May 26th 2021, 10:45 AM 8,374 Views 11 Comments

Details about the cost of reforms like Sláintecare are thin on the ground beyond 2021, IFAC says.

# irish-fiscal-advisory-council - Tuesday 1 December, 2020

Fiscal watchdog criticises 'surprisingly large' public spending by government unrelated to Covid-19
# Warning
# Warning

Fiscal watchdog criticises 'surprisingly large' public spending by government unrelated to Covid-19

Dec 1st 2020, 10:56 AM 17,487 Views 29 Comments

The IFAC warned that new levels of spending will remain after the pandemic.

# irish-fiscal-advisory-council - Thursday 28 November, 2019

Using 'volatile' corporate tax receipts to plug spending overruns may be unsustainable, watchdog warns
# IFAC
# IFAC

Using 'volatile' corporate tax receipts to plug spending overruns may be unsustainable, watchdog warns

Nov 28th 2019, 7:39 AM 7,333 Views 30 Comments

As much as €6 billion in corporate tax receipts is “excess” and unexplained, the Irish Fiscal Advisory Council has said.

# irish-fiscal-advisory-council - Tuesday 11 June, 2019

Government must 'wean itself off' bloated €10.4bn corporation tax receipts, says budget watchdog
# Prudency
# Prudency

Government must 'wean itself off' bloated €10.4bn corporation tax receipts, says budget watchdog

Updated Jun 11th 2019, 3:25 PM 19,019 Views 39 Comments

The Irish Fiscal Advisory Council says corporation tax levels could be €6 billion above conventional levels.

# irish-fiscal-advisory-council - Wednesday 28 November, 2018

Government 'repeating past mistakes' and leaving Irish finances exposed, budget watchdog warns
# Irish Fiscal Advisory Council
# Irish Fiscal Advisory Council

Government 'repeating past mistakes' and leaving Irish finances exposed, budget watchdog warns

Nov 28th 2018, 9:03 AM 11,128 Views 43 Comments

The Irish Fiscal Advisory Council has warned that an economic slowdown is inevitable in coming years.

# irish-fiscal-advisory-council - Tuesday 5 September, 2017

Fiscal Council says Ireland is still vulnerable and warns against extra Budget spending
# Let's Get Fiscal
# Let's Get Fiscal

Fiscal Council says Ireland is still vulnerable and warns against extra Budget spending

Sep 5th 2017, 7:58 AM 6,067 Views 37 Comments

The council said any additional initiatives should be funded by tax increases or a re-allocation of spending.

# irish-fiscal-advisory-council - Wednesday 30 November, 2016

Fiscal watchdog warns of "loss of momentum" of economic growth
# Economy
# Economy

Fiscal watchdog warns of "loss of momentum" of economic growth

Nov 30th 2016, 7:04 AM 7,833 Views 51 Comments

A new report said increased spending would have to be offset by raising taxes.

# irish-fiscal-advisory-council - Friday 2 October, 2015

It looks like the Irish economy is now taking off like a rocket
# On The Up
# On The Up

It looks like the Irish economy is now taking off like a rocket

Oct 2nd 2015, 1:34 PM 35,779 Views 242 Comments

Just as Michael Noonan said it could three years ago.

# irish-fiscal-advisory-council - Tuesday 25 November, 2014

Why the spending watchdog wasn't impressed with Budget 2015
# Budget 15
# Budget 15

Why the spending watchdog wasn't impressed with Budget 2015

Nov 25th 2014, 7:52 AM 5,690 Views 15 Comments

The Fiscal Advisory Council says that the government could have moved the country to a “zone of safety” in the last budget.

# irish-fiscal-advisory-council - Monday 22 September, 2014

Government advisors warn Noonan: We need another tough Budget
# Boom And Bust
# Boom And Bust

Government advisors warn Noonan: We need another tough Budget

Sep 22nd 2014, 7:29 AM 8,106 Views 56 Comments

The Finance Minister has said we can expect a largely neutral Budget. He’s being told it should be ‘prudent’ and ‘disciplined’.

# irish-fiscal-advisory-council - Saturday 9 August, 2014

There are just 66 days until the next Budget so let's talk about how much we should cut
# Counting The Days
# Counting The Days

There are just 66 days until the next Budget so let's talk about how much we should cut

Aug 9th 2014, 7:45 AM 10,255 Views 55 Comments

€2 billion, €1 billion or should we aim for a neutral budget. Let’s start the debate…

# irish-fiscal-advisory-council - Thursday 19 June, 2014

Opinion: Enda — don’t blow the recovery on a PR stunt
# Austerity
# Austerity

Opinion: Enda — don’t blow the recovery on a PR stunt

Jun 19th 2014, 8:00 AM 25 Views 84 Comments

Giving tax cuts in the upcoming budget would be popular, but it’s not the right thing to do.

# irish-fiscal-advisory-council - Thursday 5 December, 2013

Government budget advisors: No room for tax cuts until after 2016
# Fiscal Advisory Council
# Fiscal Advisory Council

Government budget advisors: No room for tax cuts until after 2016

Dec 5th 2013, 3:30 PM 5,490 Views 22 Comments

The Irish Fiscal Advisory Council is before the Oireachtas Finance Committee today.

# irish-fiscal-advisory-council - Friday 22 November, 2013

Decision on credit line will make it ‘more difficult’ to access future supports
# Credit Line
# Credit Line

Decision on credit line will make it ‘more difficult’ to access future supports

Nov 22nd 2013, 9:00 PM 9,377 Views 74 Comments

A report published by the Irish Fiscal Advisory Council today has warned that the changes in Budget 2014 have removed our “margin of safety”.

# irish-fiscal-advisory-council - Thursday 26 September, 2013

Charts: Here's how the government's liabilities have increased to €208bn in five years
# Fiscal Advisory Council
# Fiscal Advisory Council

Charts: Here's how the government's liabilities have increased to €208bn in five years

Sep 26th 2013, 9:27 AM 7,022 Views 31 Comments

The government’s liabilities last year were a whopping €208 billion.

# irish-fiscal-advisory-council - Wednesday 10 April, 2013

Fiscal council finds 'wiggle room' on Budget targets - but wants full cuts
# Budget 2014
# Budget 2014

Fiscal council finds 'wiggle room' on Budget targets - but wants full cuts

Apr 10th 2013, 1:24 PM 6,973 Views 98 Comments

The Fiscal Advisory Council recommends sticking to plans for another €5.1bn in cuts over two years – even though we’re on course to be well ahead of the EU’s deficit targets.

# irish-fiscal-advisory-council - Saturday 2 February, 2013

Ireland still has 39% chance of defaulting, says Government's budget adviser
# Debt
# Debt

Ireland still has 39% chance of defaulting, says Government's budget adviser

Feb 2nd 2013, 8:00 AM 6,633 Views 50 Comments

Professor John McHale, the chairman of the Irish Fiscal Advisory Council, said Ireland has made huge progress – but is not out of the woods yet.

# irish-fiscal-advisory-council - Thursday 26 April, 2012

Government publishes first draft of 'fiscal responsibility' laws
# Debt Brake
# Debt Brake

Government publishes first draft of 'fiscal responsibility' laws

Apr 26th 2012, 12:08 PM 1,102 Views 8 Comments

The proposed ‘debt brake’ bill will ensure that the government cannot pass Budgets if they project a deficit of a certain size.

# irish-fiscal-advisory-council - Wednesday 25 April, 2012

Minister to reveal on Monday whether mini-Budget is needed
# Mini-Budget
# Mini-Budget

Minister to reveal on Monday whether mini-Budget is needed

Apr 25th 2012, 12:47 PM 5,340 Views 59 Comments

The next Stability Programme Update is due out next Monday – but Michael Noonan remains insistent that we’ll meet our targets.

# irish-fiscal-advisory-council - Tuesday 3 April, 2012

Budget body says Ireland could need €400m mini-budget
# Mini-Budget
# Mini-Budget

Budget body says Ireland could need €400m mini-budget

Apr 3rd 2012, 11:44 AM 4,439 Views 78 Comments

The Irish Fiscal Advisory Council says the Budget’s projections for economic growth may have been too ambitious.

# irish-fiscal-advisory-council - Wednesday 12 October, 2011

€4 billion ‘should be cut in Budget 2012′
# Budget 2012
# Budget 2012

€4 billion ‘should be cut in Budget 2012′

Oct 12th 2011, 1:03 PM 1,152 Views 34 Comments

The Irish Fiscal Advisory Council says the government needs to cut €4 billion from its spending if the state is expected to meet its 2015 deficit target.