All the updated news related to fiscal advisory council

All the news related to fiscal advisory council updated in real time

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National News

Watchdog says ‘no justification’ for blanket cost-of-living Budget measures

A watchdog has warned the Irish Government not to “repeat past mistakes” as it argued that a large budgetary package is not needed this year. The Irish Fiscal Advisory Council (IFAC) has said that the Irish economy is in an “unusually strong ...

06 Sept 2023 at 00:01

National News

Taoiseach rebuts watchdog criticism of plan to breach 5% spending rule

The Taoiseach has defended the Government’s approach to the budget following a critical assessment by a fiscal watchdog. The Irish Fiscal Advisory Council (IFAC) has warned ministers not to “repeat past mistakes” as it argued that a large ...

06 Sept 2023 at 11:17

National News

Tax windfalls offer opportunity to deal with future pension costs, says watchdog

Multi-billion euro windfalls from excess corporation tax offer Ireland a “huge opportunity” to deal with surging pension costs for future generations, a fiscal watchdog has said. The Irish Fiscal Advisory Council has highlighted the ...

22 Jun 2023 at 13:01

National News

Irish government ‘conscious of advice to watch inflation’ – Tanaiste

Public finances are strong and the government is conscious of advice to watch inflation, the Tanaiste has said. Micheal Martin was speaking after the Irish Fiscal Advisory Council said the Government must plan to manage windfalls ...

07 Jun 2023 at 19:31

National News

Irish economy recovering but experts warn of new challenges

Ireland’s economy is recovering as inflation eases but other key challenges including capacity constraints have emerged, according to the Irish Fiscal Advisory Council’s assessment of the Government’s Stability Programme Update ...

07 Jun 2023 at 01:00

National News

Fiscal watchdog warns Government against ‘loose budgetary policy’

The Government needs to show restraint in the Budget to keep the economy and public finances on track, its fiscal watchdog has warned. The Fiscal Advisory Council has raised particular concerns over repeated breaches of the ...

05 Jun 2024 at 01:00

National News

Budget ‘repeats past mistakes of pumping billions into the economy’ – watchdog

The Budget “repeats Ireland’s past mistakes of pumping billions into the economy” when it is at full employment, the Irish Fiscal Advisory Council (Ifac) has said. The watchdog said the “very large” Budget package will add ...

01 Oct 2024 at 20:13

National News

Government spending boosted prices by 2% in four years – watchdog

Ireland’s budget watchdog has warned that additional government spending will have boosted consumer prices by 2% cumulatively by the end of next year. The Irish Fiscal Advisory Council (IFAC) said that the result of the ...

04 Sept 2024 at 00:01

National News

Finance minister defends spending plans following watchdog’s warning

Finance minister Jack Chambers has defended the Government’s plans to spend eight billion in October’s budget following a warning from the Budget watchdog. Ireland’s next Budget will be worth 8.3 billion euro, with 6.9 ...

04 Sept 2024 at 18:47

National News

Ireland ‘lagging’ behind other countries on infrastructure, watchdog says

Ireland “lags” behind other countries on health, housing, transport and electricity, the State’s economic watchdog has warned. The Irish Fiscal Advisory Council said the Government needs to ensure that there are ...

20 Feb 2025 at 00:01

EcoLive

'Time to plan seriously' - State facing fines of up to €20bn for missing carbon targets

The Irish Fiscal Advisory Council has warned that the State could face fines of up to €20 billion if its carbon emission targets are not met by 2030. The Climate Change Advisory Council has previously estimated ...

05 Dec 2024 at 16:33

National News

Simon Harris responds to warning Ireland is budgeting ‘like there’s no tomorrow’

Tanaiste Simon Harris has said the Irish economy is “in a position of relative strength” after a watchdog said the Government is “budgeting like there’s no tomorrow”. The Irish Fiscal Advisory Council (IFAC) ...

26 Nov 2025 at 10:01

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