SPENDING

Donohoe refuses to commit to limiting spending

The Minister for Public Expenditure says government is well positioned to deal with challenge posed by ageing population

Paschal Donohoe, the Minister for Public Expenditure, stressed that the government was united in its approach to spending. Picture: Leah Farrell / RollingNews.ie

Paschal Donohoe, the Minister for Public Expenditure and Reform, has refused to commit to the Irish Fiscal Advisory Council’s (Ifac) recommendation that public spending does not increase by more than 5 per cent, a view that was echoed by the OECD on Wednesday.

Speaking on RTÉ’s Today with Claire Byrne, Donohoe said: “We are starting from a position now of many large surpluses in the time ahead and the reason is that we have not ...