Friday February 21, 2020

Fiscal Advisory Council concerned about government's budget plans

4th June, 2015
The council believes the government will bring the deficit to below three per cent in 2015

The Irish Fiscal Advisory Council has warned that the government's budgetary projections do not fully account for an ageing population or the cost of delivering existing public services.

In its latest report, the council also said the plans for 2016 do not fully comply with new budgetary framework rules which require the government to cut the structural deficit by 0.6 per cent of GDP each year until it balances the budget. Current plans lower it...

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