IBEC calls for public sector cuts in Budget

Employers’ organisation IBEC today said that the main issue facing Ireland in the year ahead is the stability of our public finances.

Releasing its submission on the next Budget, the group recommended no tax or PRSI increases, a €2.5bn reduction in current expenditure, an overall reduction in the size of the public sector, a 5% reduction in the public sector wage bill and maintaining an ambitious programme of capital investment.