Budget watchdog to warn Government against increased day-to-day spending and tax cuts

The Irish Fiscal Advisory Council to tell TDs and senators the Government will leave the country in a 'more vulnerable position' due to smaller budget surpluses

Ifac chairperson Seamus Coffey will warn against runaway Government spending, which is 'expected to grow at a faster rate than the economy'.

The Government needs to “make choices” between increasing investment, increasing day-to-day spending and cutting taxes to protect the economy, the Irish Fiscal Advisory Council (Ifac) will warn tomorrow.

In its opening statement to the Oireachtas Budgetary Committee, Ireland’s budget watchdog will tell TDs and senators the Government will leave the country in a "more vulnerable position" due to smaller budget surpluses.