Saturday October 31, 2020

Balance key to budget strategy

Ahead of Budget 2014, Michael Noonan knows that any misstep could deal further damage to Ireland's already struggling economy, writes Jim Power.

22nd June, 2013
Minister for Finance Michael Noonan is expected to be in a position to take his foot off the fiscal brake, following the recent promissory note deal. Photo: EU

The past week saw the budget pre-season get into full swing. Minister for Finance Michael Noonan fired his opening salvo in the budgetary process when he presented a secret memorandum to his cabinet colleagues setting out the broad budgetary framework that will guide his October offering.

As has been the case over the past six budgets, Budget 2014 is being prepared - and will be presented - against a difficult backdrop.

Despite some protestations to the...

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