Familiar feeling as Irish government spending plans unsustainable, says treasury expert

John Finn, MD of Treasury Solutions Ltd, says that he is concerned that Ireland has not learned the lessons of a decade ago and if Ireland was one of the companies that Treasury Solutions has advised in its debt management and financing, he would urge prudent investment management, sound evaluation of capital investment opportunities and the establishment of solid, robust borrowing arrangements.

WHAT follows here is a summary of a recent article distributed to clients of The Treasury Hub. The last time that I wrote an article like this was in June 2006. Back then I pointed out that the Celtic Tiger wasn’t so strong when one looked at some basic economic data. Alas, I revert to a similar theme again.