IFAC says Govt Budget spend "serious cause for concern" 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 … Business • 11 Oct
Climate change costs to reach 'billions of euro a year' The costs of climate change to the Government will rise to billions of euro a year by the end of this decade, according to a … Business • 04 Oct
Govt spending risks 'repeating Ireland's past mistakes' The budgetary watchdog, the Irish Fiscal Advisory Council, has urged the Government to revise its plans for the upcoming Budget and stick to its own … Business • 06 Sep
IFAC urges Govt to stick to its spending rule in Budget The Irish Fiscal Advisory Council has urged the Government to stick to its spending rule in October's Budget. Business • 07 Jun
Three firms pay a third of all corporation tax The Government is drawing up plans to protect the country from the risk of a large multi-national firm reducing its tax payments in Ireland after … Business • 01 Jun
IFAC recommends Govt sets up State pension fund The Government has been urged by budgetary watchdog the Irish Fiscal Advisory Council to take steps now to ensure State and public sector pensions are … Business • 30 Mar
'Relatively low likelihood' of recession, IFAC says There's a 'relatively low likelihood' of a recession in the coming year, according to an analysis by economists at the Irish Fiscal Advisory Council. Business • 28 Feb
Budget strategy strikes 'appropriate balance' - IFAC The Irish Fiscal Advisory Council has said the Government's budgetary strategy struck the "appropriate balance between protecting vulnerable households and avoiding inflation". Business • 23 Nov 22
Govt could raise €15bn by adopting tax recommendations The Irish Fiscal Advisory Council (IFAC) has estimated that if the Government were to adopt the main recommendations of the Commission on Taxation, it would … Business • 16 Nov 22
Tech sector slowdown 'inevitable' after hiring spree The Irish Fiscal Advisory Council's chief economist has said that some slowdown in the tech sector was "inevitable" following exceptional growth last year and a … Business • 08 Nov 22
Budget will be 'a delicate balancing act', says IFAC The Government faces a "delicate balancing act" in September's Budget, according to the Irish Fiscal Advisory Council. Business • 31 Aug 22
IFAC: 'Limited' space for new policy measures in Budget The Irish Fiscal Advisory Council has said there is "very limited space" for new policy initiatives beyond cost-of-living measures in the upcoming Budget. Business • 13 Jul 22
Why have we a corporation tax bonanza and will it end? You can never have too much of a good thing, or so the saying goes - except it seems if that good thing is corporation … Business • 08 Jul 22
Govt should reduce dependence on corporation tax - IFAC The Fiscal Advisory Council has said the Government has little room to fully index welfare payments, public sector wages and increase spending due to once-in-a-generation … Business • 31 May 22
Fiscal Council eyes 'unusually' high rate of inflation Chair of the Irish Fiscal Advisory Council Sebastian Barnes has said inflation will probably peak at about 8% in the summer but is expected to … Business • 07 Apr 22
IFAC calls for legislation to back up 5% spending rule In its response to this year's Budget, the Irish Fiscal Advisory Council has recommended that government commitments on spending limits should be backed up with … Business • 01 Dec 21
Risks of cost overruns in NDP, warns IFAC The Irish Fiscal Advisory Council has said the planned increases in public investment under the National Development Plan will help Ireland achieve its climate and … Business • 18 Nov 21
Budget 2022 puts economy on 'prudent path' - IFAC The Irish Fiscal Advisory Council (IFAC) said the Government has put the economy on a more "prudent path" after Budget 2022. Business • 13 Oct 21
Ireland too dependent on corporation tax, IFAC says Ireland needs to reduce its dependency on corporation tax and take a prudent approach to it, the chairman of the Irish Fiscal Advisory Council has … Business • 22 Sep 21
Govt debt could end up on 'unsustainable path' - IFAC The Irish Fiscal Advisory Council has said the economy is recovering 'swiftly' but government spending plans for the upcoming Budget are "at the limit of … Business • 15 Sep 21
Concern over Govt plans to run deficit of almost 3% The Chairman of the Irish Fiscal Advisory Council has expressed concern at the Government plans to run a deficit of almost 3%, which would result … Business • 16 Jul 21
Fiscal Advisory Council calls for spending explanations The Chair of the Irish Fiscal Advisory Council has said that politicians need to explain how they would afford to build 40,000 houses a year … Business • 21 Jun 21
Government's spending forecasts 'not realistic' - IFAC The Irish Fiscal Advisory Council has said the Government's budgetary forecasts "lack credibility" and its spending forecasts are "not realistic". Business • 26 May 21
Barnes reappointed to IFAC Sebastian Barnes has been reappointed to the Irish Fiscal Advisory Council by Minister for Finance, Paschal Donohoe. Business • 22 Dec 20
IFAC warns 6% may be knocked off GDP if no Brexit deal Up to 6% could be knocked off Irish GDP if there is no Brexit trade deal, the Irish Fiscal Advisory Council (IFAC) has warned. Business • 08 Dec 20
