Fiscal Advisory Council warns Government of limited budgetary options

'In order to fund new policy initiatives, choices will need to be made between raising taxes or reducing spending'

Tánaiste Leo Varadkar said that while Ifac was right on some things, 'they’re not right on everything'. Picture: Eamonn Farrell

The Irish Fiscal Advisory Council (Ifac) is warning the Government of limited budgetary options in the years ahead, even as the Covid-19 crisis eases.

The budgetary watchdog has been critical of the Government for failing to set out how it plans to pay more on health, housing, pensions, and climate change.