1/12 The Government released its Summer Economic Statement today, outlining its plans for Budget 2027. On a headline level, the Government plans a package of €8.5 billion, €7 billion of spending increases and €1.5 billion in tax reductions.
Irish Fiscal Advisory Council
@fiscalcouncil.bsky.social
Ireland's budgetary watchdog
Ireland faces a clear choice on climate policy, invest now or pay more later. Dr Killian Carroll explains some of our recent research. Read the full paper on our website: www.fiscalcouncil.ie/the-hidden-c...
1/5 Today’s fiscal monitor shows underlying tax revenue continuing to perform robustly, while expenditure is rising at a fast pace.
1/6 The Council is today releasing a new working paper: The hidden costs of inaction—why a failed climate transition will prove costly.
1/6 The council has a new blog post out today. It shows that Ireland’s public finances are becoming increasingly reliant on foreign-owned multinationals, not just for corporation tax but for other taxes too.
Ireland's biggest corporation taxpayers also pay lots of income tax, PRSI, & VAT. Have you ever wondered how much? Brian Cronin, author of our latest blog, answers this question. 🔗 Read the blog on our website lnkd.in/exGYra7X & Substack: lnkd.in/eRczv3fh
Today the Fiscal Council releases its latest Fiscal Assessment Report. Niall Conroy, Acting Chief Economist, talks through some of the main findings. You can read the full report at www.fiscalcouncil.ie
1/10 The Fiscal Council’s latest report warns that the Government remains highly reliant on corporation tax and that spending is growing faster than the sustainable growth rate of the economy.
1/4 Today's fiscal monitor shows strong tax revenue growth and continued fast spending growth.
1/7 The Council has a new blog post out today. It focuses on health spending overruns, which accounted for a large share of current spending overruns in recent years.
1/6 The council has a new blog post out today. It focuses on, what has become a regular feature of Ireland’s public finances, spending overruns.
1/4 Today’s fiscal monitor shows an acceleration in spending and continued robust performance of tax revenue.
1/10 Today the Department of Finance published the Annual Progress Report. This document contains the Department’s latest set of macroeconomic and budgetary projections.
1/4 Today’s fiscal monitor shows two key trends in the public finances: 1) Spending is growing at a fast pace; and 2) Underlying tax revenue is performing well.
1/3 Today’s fiscal monitor provides an early indication of how the public finances are performing in 2026. Spending continues to rise, while tax revenue is showing modest growth.
The Fiscal Council welcomes its newest Council Member, Oana Peia. Dr Peia is an Assistant Professor of Economics at UCD. She has conducted research on sovereign debt, bond markets and fiscal policy. www.fiscalcouncil.ie/new-council-...
New Council Member Appointed to the Irish Fiscal Advisory Council – Irish Fiscal Advisory Council
fiscalcouncil.ie
Last week, we hosted our tenth annual Path for the Public Finances conference. Thanks to all our presenters and panellists. Slides and presentation recordings are now on our website: www.fiscalcouncil.ie/path-for-the...
Path for the Public Finances 2026 – Irish Fiscal Advisory Council
fiscalcouncil.ie
1/5 The Council has released new research on Ireland’s corporation tax. These receipts are increasingly reliant on a small number of firms. We estimate that the top 3 groups paid almost half of all corporation tax in 2024.
Today, the Council is releasing new research on the concentration of Ireland’s corporation tax receipts. Brian Cronin, author of the blog, talks though some of the key findings. Read the blog on our website: lnkd.in/exGYra7X, or on our Substack: lnkd.in/enXRWQbz
The Fiscal Council is looking to recruit two summer interns. This paid internship is a great opportunity to work in an economic policy environment and develop practical skills. We offer flexible remote working options. Find out more and apply by 24th February: www.fiscalcouncil.ie/summer-inter...
The Council is hosting its annual conference on Thursday 19th February. This year’s conference is on the theme of government revenue. This includes risks to Ireland’s corporation tax, and the impacts of ageing and AI on government revenue. Register here: ti.to/irish-fiscal...
Path for the Public Finances 2026 - Taxing Times: The Future of Government Revenue
This is the Council’s 10th annual Path for the Public Finances conference on public finance issues. This year’s conference will examine the theme of government revenue. This includes risks to Ireland’...
ti.to
1/6 Today’s fiscal monitor show the final Exchequer returns for 2025. There are two key takeaways from the figures: 1) underlying revenue remains very strong; 2) spending is increasing at a fast pace, leading to large overruns.
1/15 This “Flash Release” gives the Council’s first read of the revised Medium-Term Plan, published by the Government earlier today. The Council has consistently stressed the importance of multi-annual budgeting. A plan such as this can help Ireland move in that direction.
1/4 Today’s fiscal monitor shows strong revenue growth. Underlying tax receipts are ahead of Budget 2025 forecasts. Tax revenue, excluding corporation tax, is up 5.5% so far this year. All of the main tax headings are ahead of forecast.
The Fiscal Council welcomes it’s newest Council Member, @karinadoorley.bsky.social. Dr Doorley is an Associate Research Professor at the @esri.ie, where she is the Research Area Coordinator for the Tax, Welfare and Pensions team. www.fiscalcouncil.ie/new-council-...
New Council Member Appointed to the Irish Fiscal Advisory Council – Irish Fiscal Advisory Council
fiscalcouncil.ie
1/9 The Fiscal Council's latest report looks at the prospects for the Irish economy and public finances. It points to an increased reliance on corporation tax, future budgetary pressures and a lack of long-term planning.
1/7 The Council has released new research on how Ireland’s corporation tax receipts could be impacted by US tariffs and policy changes. The pharma and tech sectors have avoided US tariffs to date. These sectors are the largest payers of corporation tax in Ireland.
1/4 Today’s fiscal monitor shows a continuation of recent trends. Spending growth is outpacing the growth in revenue. This is leading to a deterioration in the headline and underlying balance.
1/4 Yesterday, the Department of Finance published a long-term analysis of Ireland’s economy and public finances. The Council welcomes this work. It presents many scenarios of how the public finances could evolve out to 2065.
1/7 We have a new blog post in our Beyond the Budget series, titled “Why corporation tax could be even more concentrated than you think”. It looks at how these tax revenues could be even more concentrated among tech and manufacturing groups than official data suggests.