Goldilocks? Government sets Budget parameters
by AIB Treasury Economic Research Unit
- The recently released Summer Economic Statement set the boundaries for the upcoming Irish Budget in October, with the Government announcing a planned budget day package of €8.3bn.
- The Government’s budget strategy has attracted criticism from the Fiscal Advisory Council for being too expansionary in the context of an economy at full capacity.
- More broadly, the Irish economy continues to grow at a robust pace, yielding significant tax revenues for the Government.
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