Buoyed by exchequer returns, ministers plot giveaway budget

The cabinet will shortly make key decisions on the October budget

5th July, 2015
Even with a €1.5 billion giveaway in October, ministers are already jostling to win priority for their departments and constituencies. Picture: Feargal Ward

With half-year exchequer returns last week showing strong tax returns and spending remaining under control, the cabinet will shortly consider the vital budget strategy memorandum (BSM) from the finance and public expenditure ministers.

The document sets out the plans for the coalition’s final budget process before the general election.

Currently being drawn up in the twin departments of finance and public expenditure, the BSM is likely to be considered by ministers at their...

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