Recovery losing momentum - economic watchdog
Irish Fiscal Advisory Council warns the last two budgets have gone beyond a "prudent expenditure of resources"
The Irish economy is suffering from a loss of momentum - and the size of the recent budget has moved beyond a prudent limit, according to the government’s economic watchdog.
In a report released this morning, the Irish Fiscal Advisory Council (IFAC) said the recovery remains at risk to numerous international and domestic shocks, including a hard Brexit, the impact of currency shocks and a loss of competitiveness.
The council, chaired by NUI ...