Tánaiste says Government does not ‘ignore’ advice of State’s spending watchdog
Tánaiste Simon Harris said the Government does not “ignore” the advice from the State’s fiscal watchdog, after it said that the planned Budget package is “larger than appropriate”.
The Fiscal Advisory Council believes that Ireland’s current strong economy does not need budgetary support – and that a large package could fuel further inflation.
However, the Minister for Finance also said that issues emerge during the year which Government needs to respond to.
Harris defended the Government’s spending plan, saying that planned measures will have a “positive effect” on inflation.
In a pre-Budget statement, the council said the economy is performing well and that net spending should remain in line with a sustainable growth rate.
However, it said current plans would increase net spending slightly faster – and follows three years of rapid spending growth.
Speaking in Dublin on Tuesday, Mr Harris said: “Any measures that Government brings forward have to be...
We've summarized this news for a quick read. If you're interested, you can read the full article here:
