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The Chair of the Fiscal Advisory Council said some activities may have to be 'scaled back' (File image)

Fiscal council warns of difficult choices in housing

The State's fiscal watchdog has warned that difficult choices may have to be made around housing, including deciding between retrofitting and building new homes.

Politics • 23 Oct 24

Leo Varadkar said that the current corporation tax bonanza needs to be used wisely

Corporation tax bonanza must be used wisely -Tánaiste

The Tánaiste has said he sees no reason why Ireland's buoyant corporation tax receipts can't last for another 20 years, if Ireland remains an attractive place to invest.

Business • 06 Jul 22

Fiscal Council urges Government to run a budget surplus to prepare for the next 'inevitable downturn'

Financial watchdog urges Govt to stand by Budget plans

The Fiscal Advisory Council says the Government should stick to its previously published Budget plan for a Budget-day package of €800m.

Business • 07 Sep 18

The Government's summer statement will set out their budget objectives

Budget 2019 - Tax cuts or protecting the fiscal space?

There might be €600m available for tax cuts in October's budget. But should the Government be cutting tax at all?

Business • 21 May 18

The Fiscal Advisory Council would like to see a firmer medium term plan that will limit spending increases

Public finances in good shape, says Fiscal Council

The Fiscal Advisory Council says the public finances are in good shape, but action may be needed to keep them in line over the medium-term.

Business • 29 Nov 17

The Fiscal Advisory Council says the economy is doing extremely well - but that is not a reason to cut loose with extra, unplanned spending

Fiscal Council warns against extra Budget spending

The Fiscal Advisory Council has said extra spending increases in this year's Budget would not be advisable, as it would run the risk of breaching spending rules.

News • 05 Sep 17

The council warns that Brexit could affect projected fiscal space

Fiscal Council warns on further spending rises

The Fiscal Advisory Council has said the Government's spending plans for the next budget are at the outer limit of what is prudent.

News • 08 Sep 16

Amount of money available to the next government for tax cuts and spending rises could be €3 billion - Professor McHale.

Fiscal Council cautions on pre-election promises

The Chairman of the Fiscal Advisory Council has said the amount of money available to the next government to pay for tax cuts and spending rises could be little more than €3 billion.

Business • 29 Jan 16

Council said Budget 2016 met fiscal rules, but five-year projections were not realistic

FAC: Five-year fiscal projections 'not realistic'

The Fiscal Advisory Council has criticised the Government for increasing spending in this year's budget, saying it was "a deviation from prudent economic and budget management".

News • 26 Nov 15

The ministers announced the Budget in the Dáil yesterday

Fiscal Advisory Council clarifies Budget comments

The Chairman of the Fiscal Advisory Council has clarified comments he made earlier today stating that Budget 2016 was too expansionary.

Budget 2018 • 14 Oct 15

Fiscal Advisory Council says budgetary plan does not comply with new rules

Fiscal Advisory Council in warning over budget

The Fiscal Advisory Council has expressed concern about the Government's budgetary plan for 2016 which, it said, does not comply fully with new rules.

News • 04 Jun 15

EU budget rules set limits on how much countries can increase their spending programmes by

Fiscal council backs call to relax budget rules

The Fiscal Advisory Council agrees with the Government's view that EU budget rules will force a bigger than necessary spending cut in Budget 2016, and should be relaxed.

News • 01 Apr 15

The council had recommended a €2bn adjustment in October's Budget

Govt criticised over future budget planning

The Fiscal Advisory Council has criticised the Government for the absence of a specific plan for the public finances beyond next year.

News • 25 Nov 14

The council said the planned €2bn adjustment should come from a mix of tax rises and spending cuts

Govt urged to maintain prudent budgetary stance

The Fiscal Advisory Council has urged the Government to stick to plans for tax rises and spending cuts in the Budget, despite an improving economic situation and stronger tax revenues.

News • 22 Sep 14

The council says the figure already pencilled in to Government forecasts is the right one

Fiscal council urges budget adjustment of €2bn

The Fiscal Advisory Council has urged the Government not to reduce the overall level of tax and spending measures to be implemented in October's Budget below €2bn.

News • 17 Jun 14

The Irish Fiscal Advisory Council, which is chaired by John McHale, said the 'margin of safety' had been removed

Increased risk of missing deficit target - report

A reduction in the adjustment made in last month’s Budget has increased the risk of Ireland missing a crucial target to cut its deficit, according to the Irish Fiscal Advisory Council.

Business • 22 Nov 13

The FAC said the immediate gain to the State from winding up IBRC would be a reduced funding requirement of €1bn a year

Liquidating IBRC could provide substantial gains

Research from the Fiscal Advisory Council has found the liquidation of Irish Bank Resolution Corporation could lead to substantial financial gains for the State.

News • 26 Sep 13

Fiscal Advisory Council wants more adjustments

The Fiscal Advisory Council has again suggested the Government make a bigger than planned series of adjustments to reduce the budget deficit.

Business • 13 Sep 12

Fiscal council advises more cuts and tax rises

The Fiscal Advisory Council has once again suggested the Government makes a bigger than planned series of adjustments to reduce the budget deficit.

News • 13 Sep 12

Dept. of Finance publishes fiscal treaty bill

The Minister for Finance has published the Fiscal Responsibility Bill 2012

Business • 18 Jul 12

Fiscal Council says more austerity may be needed

The Fiscal Advisory Council has said the weakening international growth outlook raises a question mark over the ability of the Government to hit its budget deficit target of 8.6% of GDP

Business • 03 Apr 12

Govt may not hit deficit target - Fiscal council

The Fiscal Advisory Council has said the weakening international growth outlook raises a question mark over the ability of the Government to hit its Budget deficit target of 8.6% of GDP.

News • 03 Apr 12

Fiscal Advisory Council