Head of Government’s spending watchdog quits 18 months before term ends

Peter FlanaganMichael McMahon has been named acting chairman of the Irish Fiscal Advisory Council , after Sebastian Barnes stood down from the role a year and half before his term was due to end.

Mr Barnes left the position as head of the Government’s spending watchdog at the end of June, the Department of Finance said in an emailed statement. Mr McMahon will hold the interim position until a new chairman is appointed. Having left the council, it is understood Mr Barnes will continue in his full time role as head of division in the economics department of the Organistion for Economic Co-operation and Development .

Mr Barnes was reappointed to a final term on the council from January 2021, which was due to expire at the end of next year. He had been a member of the council since it was set up in 2011 at the height of the country’s economic woes, and chairman of the council since July 2017. Fiscal council members usually serve four-year terms and are reappointed by the minister for finance after each term if they are to continue in their role.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michael McMahon named acting chairman of fiscal watchdogMacroeconomist replaces Sebastian Barnes who left at the end of June
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Head of Government’s spending watchdog quits 18 months before term endsMacroeconomist replaces Sebastian Barnes who left at the end of June
Source: IrishTimes - 🏆 3. / 98 Read more »

New car registrations up almost 40 per cent in JuneOver 14,000 new electric cars have been registered, according to data from a motor industry body
Source: businessposthq - 🏆 8. / 71 Read more »

New car registrations up almost 40 per cent in JuneOver 14,000 new electric cars have been registered, according to data from a motor industry body
Source: businessposthq - 🏆 8. / 71 Read more »

Ryanair sets new passenger record in June despite French air traffic control strikesThe low cost airline carried a record 17.4 million passengers in June, which was up 9 per cent year on year
Source: businessposthq - 🏆 8. / 71 Read more »

Ryanair passenger traffic hits new record in JuneAirline carried 17.4m passengers last month, up from 17m in May
Source: IrishTimes - 🏆 3. / 98 Read more »