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#Irish Fiscal Advisory Council

# irish-fiscal-advisory-council - Last month November 2022

Fiscal Council warns Government to plan ahead for 'sizeable budgetary challenges'
# Plan Ahead
# Plan Ahead

Fiscal Council warns Government to plan ahead for 'sizeable budgetary challenges'

Nov 23rd 2022, 12:05 AM 10,431 Views 17 Comments
  • The Irish Fiscal Advisory Council has warned that 'sizeable budgetary challenges' are not being 'recognised sufficiently.
  • The report notes the climate transition, the pension age and a perceived reliance on corporation tax as some of the challenges.
  • It says the budget 'struck an appropriate balance between protecting vulnerable households and avoiding inflation'.

# irish-fiscal-advisory-council - Last year 2021

Government's 'risky' budget strategy could put debt on 'unsustainable path', watchdog warns
# Fiscal Advisory Council
# Fiscal Advisory Council

Government's 'risky' budget strategy could put debt on 'unsustainable path', watchdog warns

Sep 15th 2021, 9:58 AM 12,668 Views 23 Comments

The Fiscal Advisory Council said there are “clear needs” to tackle housing, health and climate shortfalls.

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 8,479 Views 11 Comments

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

# irish-fiscal-advisory-council - All time

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 17,523 Views 29 Comments

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

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 7,366 Views 30 Comments

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

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 19,035 Views 39 Comments

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

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 11,147 Views 43 Comments

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

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 6,087 Views 37 Comments

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

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 7,880 Views 51 Comments

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

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 35,812 Views 245 Comments

Just as Michael Noonan said it could three years ago.

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 5,708 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.

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 8,123 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’.

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 10,273 Views 55 Comments

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

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 45 Views 84 Comments

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

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 5,516 Views 22 Comments

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

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 9,395 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”.

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 7,041 Views 31 Comments

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

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 6,993 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.

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 6,665 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.

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 1,116 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.

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 5,353 Views 59 Comments

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

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 4,466 Views 78 Comments

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

€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 1,181 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.