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".

It would like to see the rules strengthened and for what it terms a"short window" to be used to reduce the high level of government debt. It said high inflation has"stunted" the recovery with real incomes expected to fall by 5% over the course of this year and next, and higher construction costs eating into investment under the National Development Plan.

It said demand in the economy at home has already"slowed considerably" with inflation set to remain high into next year.

Save money and scare mongering, abolish Irish Fiscal Advisory Council.

You can be sure the €7 billion of taxpayers' funds they pour into the neo-leftist NGOs every year won't be touched. 🙄

Cut spending. They overspend on every single project, by millions. Stick with what we have for the next 5 years but maintain it properly or improve it.

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