Accountants call for early budget

AN early budget is needed to cope with the economic downturn, according to the country’s accountants.

The Consultative Committee of Accountancy Bodies-Ireland (CCAB-I), the umbrella group of Ireland’s largest accountancy bodies said it is not making this call lightly.

It said the pace of Ireland’s economic decline, though far from unique in an international context, means that the October 2008 budget is not appropriate to cope with current circumstances.