Neil Mcdonnell: We require radical policies to tackle the challenges ahead

Our Exchequer is spending too much on the current account and should continue putting windfall corporation taxes into a wealth fund
Warehoused tax debts have likely forestalled a number of insolvencies but this will change in the New Year. Picture: iStock

Warehoused tax debts have likely forestalled a number of insolvencies but this will change in the New Year. Picture: iStock

We reach the end of 2022 with a cabinet reshuffle which brings a strong Munster flavour to the economic ministries. Just before that reshuffle, the OECD published its Economic Survey of Ireland 2022.

The OECD paper felt like an end-of-term report for a secondary student, where the teacher informs the parents that little Johnnie has been a very good boy, “BUT…” and proceeds with a five-minute monologue of issues the teacher has raised with the parents the year before.

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