The Irish Fiscal Advisory Council has issued a 'flash' response to today's Budget package which it describes as smaller than last year but 'still exceptionally large.'
The Irish Fiscal Advisory Council has issued a 'flash' response to today’s Budget package which it describes as smaller than last year but"still exceptionally large."
IFAC says that in its pre-Budget report, it recommended the Government adjust its plans to stick to the National Spending Rule and that there was little justification for further temporary measures.The council says"this is a serious cause for concern" and"repeats past mistakes of procyclical fiscal policy" and"makes Government plans less credible.
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