SBP editorial: ‘Party of prudence’ requires a swift fiscal reality check

SBP editorial: ‘Party of prudence’ requires a swift fiscal reality check

Government departments spending well ahead of their budgets. The cost of large-scale infrastructure projects ballooning. An over-reliance on unstable tax sources. A failure to build up a cushion against a growing international economic storm.

Sound familiar? All of these issues were used to criticise Fianna Fáil’s handling of the public finances. Yet it is Fine Gael which now finds itself in the crosshairs of the Irish Fiscal Advisory Council (IFAC), which has added its voice...

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