Employers organisation Ibec has urged the Government to resist the urge to use October's budget for a pre-election giveaway and instead focus on the strategic needs of the economy.
Employers organisation Ibec has urged the Government to resist the urge to use October's budget for a pre-election giveaway and instead focus on the strategic needs of the economy.
"We are getting a real sense now from our multinational membership in particular, that there is a sense of policy complacency about the success of inward investment," he said. Ibec calculates that the Government will have less new money to allocate in the budget compared to recent years, if it sticks to its own self-imposed rule of not increasing spending by more than 5%, which has been broken in recent years.
Ibec is proposing a budget package of around €4.58 billion, which would include €2.3 billion in tax cuts and €150m in tax increases, as well as €1.6 billion in capital spending.
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