One is whether the revenue projections will be met – requiring economic growth and corporate tax buoyancy. Annual spending overruns running into billions have cumulated to leave the public finances ever more dependent on potentially transient corporate taxes. A new limit of around 6 per cent on average on annual spending growth has been set. But to do so will also require tax revenue growth – and for this the economy and corporate taxes must both remain healthy. The planned slowdown in spending growth and tighter budgetary control promised in this latest plan simply must be delivered.

Source: The Irish Times December 21, 2025 20:48 UTC