State’s spending plans could leave debt ratio at unsafe levels, Oireachtas told
Fiscal watchdog repeats warnings over government’s spending plans ahead of next month’s budget
Ireland’s spending watchdog today repeated its claim that the government is “evading difficult decisions” when it comes to public expenditure.
The Oireachtas budgetary oversight committee today heard from members of the Irish Fiscal Advisory Council (Ifac) as part of its scrutiny of next month’s budget.
Sebastian Barnes, Ifac’s chairman, told the committee that the “long-term scarring effects” of Covid-19 on the economy are uncertain, and warn that a “significant shift” in the government’s deficit management ...