budget 2024

Ifac reacts to Budget 2024: 3 key takeaways

Budgetary watchdog clashed with government in lead up to Budget 2024 - with many of its core concerns still standing

Ifac warns Budget 2024 will add 0.9 per cent to inflation over the next 3 years. Picture: Getty

The Irish Fiscal Advisory Council did not hang around in giving its verdict on Tuesday’s budget package.

The budgetary watchdog was notably vocal in the lead up to Budget 2024, repeatedly warning the government against breaching its own 5 per cent spending rule and overstimulating the economy.

While the council has yet to post its full assessment, which will be contained in its Fiscal Assessment Report, it did post a flash reaction to the measures ...