The IFAC report: A moment that requires real political courage

The Ifac’s reality check on the economy will be ignored as usual, by politicians protesting that ‘political realities’ tie their hands

16th June, 2019

The mild-mannered delivery by UCC economist Seamus Coffey understated the seriousness of the Irish Fiscal Advisory Council (Ifac)’s latest reality check on the economy. Coffey, Ifac’s chair, presented an unprecedented critique of the government’s management of the public finances. Not only is the state now increasingly reliant on the tax revenues of large multinational companies (just ten account for almost half of all corporation tax receipts), the country was also failing to keep a grip...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Private rental sector remains strong despite Covid-19

How the programme for government will shape housing

Comment: US must defuse Covid-19’s ticking time bomb of debt

Comment: The recovery will be more U than V-shaped