Thursday December 12, 2019

Budget watchdog says plans 'at limit' of prudent policy

IFAC says GDP figures underestimate 'high' debt burden

8th September, 2016
Warning on 'transient' corporation tax receipts. Pic: Pixabay

A state body has warned that the government’s planned fiscal stance is “at the limit” of prudent policy decisions – considering Ireland’s debt burden and the “largely unknown” potential impacts posed by Brexit.

Suggesting that the government would be pushing the limits of “prudent” policy decisions, the council advised the government to take advantage of current growth levels, which it said were “reasonably solid”, to reduce both...

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