Business Post's View
Editorial: Despite healthy state of public finances, cost of living remains a problem
Michael McGrath’s comments about the country’s coffers are to be welcomed – but there is still work to be done for households to see the benefit
The comments from Michael McGrath, the finance minister, to the Business Post today that the country’s finances will end 2023 on a positive note are not to be easily discounted.
Before November’s rally in terms of corporation tax receipts, we saw a fragility in the public finances which had not been present for several years.
The economy slipping into recession, technical or otherwise, reflects those underlying strains.