Better to act before budget, says Honohan

THE Government should consider bringing forward measures to tackle the economic deficit in the budget, the Central Bank governor has said.

Patrick Honohan also suggested that the Government should consider everything in the build-up to the budget and the sooner cuts were revealed, the better.

“At this point, it would be beneficial to reduce uncertainty by both deciding on and announcing, in as much detail as possible, the complete set of changes required to government spending and taxation,” he told an Oireachtas committee.