Economics
Ian Guider: Are we getting value from the state’s hugely increased spending?
The coffers may be full, but Michael McGrath and Paschal Donohoe must ensure government departments come in on time and on budget, and deliver more efficient public services
January is usually the month most people dread when it comes to assessing the health of their bank balance after the Christmas splurge. Presumably Michael McGrath, newly installed as Minister for Finance, had no such fear as he perused figures from his department which revealed that the state coffers are overflowing.
About €83 billion was received in tax revenues last year, with pretty much every category setting a record in 2022. The amount of income ...
