Economics

Tax increases or spending cuts could be ahead, budgetary watchdog warns

Policymakers face ‘delicate balance’ of managing inflation, protecting poorer households and delivering on longer-term policies

The government faces tough choices in October’s budget, according to the IFAC. Above: Minister for Public Expenditure and Reform Michael McGrath and Minister for Finance Paschal Donohoe. Picture: Sasko Lazarov/RollingNews.ie