The Government is trying to introduce a new system of spending control, to avoid the consistent budget overruns of recent years. The Irish Fiscal Advisory Council (IFAC) has repeatedly criticised spending control in recent years. As these figures accumulate, they leave spending well ahead of target over a period of years. Ireland’s budget is in surplus, but only due to potentially volatile corporate taxes. The concern is, however, that some time over the next few years corporate taxes stop growing, or start to reverse.

Source: The Irish Times March 29, 2026 19:48 UTC