Tax rises and pay freezes can’t be ruled out, says fiscal watchdog

Spending billions is required to support economic recovery, but any new government will face tough choices over cuts and tax hikes if it is to meet Sláintecare and housing pledges.
Tax rises and pay freezes can’t be ruled out, says fiscal watchdog
In its first major report on the Covid-19, the Ifac says the next government should not rule out tax increases or freezing public sector pay, if the country’s ability to fight a further crisis is not undermined, as debt levels reach 'near record levels'. Pictured: Finance Minister Paschal Donohoe

With additonal reporting from Conall Ó Fátharta, Juno McEnroe and Aoife Moore

Spending billions is required to support economic recovery, but any new government will face tough choices over cuts and tax hikes if it is to meet Sláintecare and housing pledges.

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