Economy
Ifac chair warns Michael McGrath he will walk if role not properly funded
Michael McMahon was speaking to the Business Post after the watchdog wrote to the government criticising a proposal to reduce the next chairman’s daily pay
The acting chair of the Irish Fiscal Advisory Council (Ifac) has warned that he will stand down over a proposal to reduce pay for his role by 50 per cent.
Michael McMahon was speaking to the Business Post after Ifac wrote to the government criticising a proposal which he said would “weaken” the budgetary watchdog and risk damage to the country’s fiscal credibility.
He said the changes would not impact him directly and that his ...
