Fiscal council criticises Government's 'everything now' budget plans

Breaking spending rules will add to inflation, Irish Fiscal Advisory Council warns

On Tuesday, Finance Minister Jack Chambers and Public Expenditure Minister Paschal Donohoe revealed Budget 2025 would have an €8.3bn package.  

The Irish Fiscal Advisory Council (Ifac) has criticised the Government’s “everything now” summer economic statement for being “significantly more expansionary” than the stability programme update from April.

On Tuesday, the Government announced the forthcoming budget would have an overall package of €8.3bn, with €6.9bn going towards more public spending while €1.4bn will be allocated to a tax package.