Spending watchdog warns that inflation crisis could hurt govt's budget for big ticket plans

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A new report has warned the government that it must carefully balance the cost of living crisis with following through on policies in the face of global challenges

Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath. Image: Sam Boal Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath. Image: Sam Boal Updated 2 hours ago

The 2022 Fiscal Assessment Report outlines the shadow of inflation on the economy and sets out recommendations for the government. Its new report explains that the government forecasts a return to budget balance from next year with revenues boosted by high pay and high tax sectors but that higher inflation creates significant spending pressures.

The report says the government will need to choose between how to address higher inflation and how to manage other priorities.

 

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Government 🤣😂 my OLE, Puppets for Organised Foreign Criminal Organisations more like it.

A working government policy in Ireland oxymoron it must be there time for a pay rise thats the only thing they do successfully

Ireland should've have been energy independent by now but the usual suspects gave/sold the corrib gas field and closed our turf fired power plants then set about giving grants to billionaires to stick up a few windmills..forty shades of green more like forty shadey people.

None of their policies are working. As regards globally, the EU have been found guilty of cooking their own green targets to obtain large budgets. The government would do well to concentrate on their domestic policies. Unless you’re a developer or vulture they’ve failed.

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