Wednesday July 15, 2020

Watchdog: Rising spending leaves less scope for Brexit measures

The Irish Fiscal Advisory Council says spending in 2019 could be as much as €1.3 billion higher than previously expected, due mainly to health overruns and payment of the Christmas bonus

11th September, 2019
IFAC chairperson Seamus Coffey. Pic: Rollingnews.ie

The state's budgetary watchdog has said the government must deliver on its spending plans for this year, and warned that any overruns should be funded by making savings in other areas.

The watchdog warned that although the Irish economy was continuing to perform strongly, the international outlook had deteriorated in recent months and the risks of a hard Brexit were high.

The council said measures to address the costs linked to a hard Brexit should...

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