The Council is delighted to host the annual Irish Society for Women in Economics (@isweconomics.bsky.social) Post-Budget Analysis Event. Join us on Wednesday, 7 October, at 5:30 p.m. at the @esri.ie. Attendance is free, but registration is required, and places are limited: ti.to/irish-fiscal...
Niall Conroy
@niallconroy.bsky.social
Acting Chief Economist at the Irish Fiscal Advisory Council. Views are my own.
The Fiscal Council’s latest Pre-Budget Statement warns that Budget 2027 is likely to be larger than is appropriate for an economy already performing strongly. Niall Conroy, our Acting Chief Economist, explains the key findings from the report.
7/12 Further overruns are now likely. The Council estimates current spending will likely be a further €0.85 billion above the Government’s estimate for 2026, mainly driven by healthcare.
3/12 The vast majority of next year’s spending increase is for current spending. The Government plans to increase current spending by €5.9 billion and capital spending by €1.2 billion. Out of every €6 in spending increases, €5 is for current spending, while €1 is for capital.
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.
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...
1/6 The Council is today releasing a new working paper: The hidden costs of inaction—why a failed climate transition will prove costly.
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
1/7 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.
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
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 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
I was delighted to contribute to today's @irishtimes.com feature on Ireland's creaking infrastructure. I offer some thoughts on how big our infrastructure deficit is and how we can best address it. www.irishtimes.com/life-style/2...
‘We’ve dropped the ball’: Ireland’s housing targets will be missed because the water, electricity and roads required can’t be delivered
Badly needed scaling up of house-building is threatened by transport and utilities projects stuck in the planning pipeline. What is to be done?
irishtimes.com
1/8 The Fiscal Council's latest report looks at the prospects for the Irish economy and public finances. The report comes at a time of heightened uncertainty.
Some quotes here on corporation tax. The largest payers of corporation tax in Ireland remain highly profitable and have so far escaped tariffs.
Congratulations to the winners of our ISWE prizes at the IEA, Bhavya Shrivastava and Lilia Wasserka-Zhurakhovska, as well as Novartis Prize winner Doireann O'Brien and Young Economist Prize Winner Olivia Finan. Pictured with Keynote Speaker John List and Orla Doyle. All female winners! Well done!
The Fiscal Council has collaborated with the Climate Change Advisory Council on a new report. It sets out the costs Ireland faces if it misses its agreed EU climate commitments. These could amount to staggering payments of €8bn to €26bn to Europe. Read more at www.fiscalcouncil.ie/a-colossal-m...
Yesterday, I presented some recent research on Ireland's infrastructure demands at the @fiscalcouncil.bsky.social annual conference. Some reporting below from the event. Many thanks to all who gave their time to present and attend. Slides can be found here: www.fiscalcouncil.ie/path-for-the...
Path for the Public Finances 2025
fiscalcouncil.ie
Builders engaging senior counsel at outset of projects in anticipation of substantial legal challenges – Ifac
We are hiring!! Come join a great team working on the most important economic policy issues in Ireland. Interns in previous years have had a great experience, working in a friendly workplace with remote working possibilities. Spread the word!! www.fiscalcouncil.ie/summer-inter...
Summer Internships 2025
fiscalcouncil.ie
1/3 Yesterday, the Construction Industry Federation (CIF) of Ireland suggested up to 30,000 housing units are under review at An Bord Pleanála or facing judicial review. While these figures seem shockingly high, it is consistent with previous work by myself and @timoneykevin.bsky.social.
5/5 Looking ahead to 2025, current spending is forecast to increase by only 1.4%. Overruns are likely to be repeated—particularly in health. Despite an expected increase in staff, and pay increases exceeding 1.5% for 2025, the health pay bill is forecast to increase by only 1.5%.
Ireland facing climate fines of up to €20 billion by 2030, fiscal watchdog warns. The figure is more than twice the Department of Public Expenditure’s often cited figure of €8 billion, as it includes likely increases in cost of carbon credits. www.businesspost.ie/news/ireland...
Ireland facing climate fines of up to €20 billion by 2030, fiscal watchdog warns
Previous estimate of €8 billion for climate compliance costs in the event of missing targets may be vastly underestimated
businesspost.ie
1/10 The Fiscal Council's latest report looks at the prospects for the Irish economy and public finances. We point to the extraordinary levels of corporation tax being collected. These create huge opportunities but also important risks.
Applications for our 2025 Mentorship Programme are open until 10pm on Monday! Economists (all genders) working or PhD students on the island of Ireland are invited to apply. Volunteer to be a mentor here: forms.gle/Yu9tuKRVvVoC... Apply to be a mentee here: forms.gle/Ry8Qiicu1pmX...
ISWE Mentor Form
Mentor sign up questionnaire for ISWE Mentorship Programme. Your answers to this survey will help us match you with a suitable mentee(s). Please note that you will not be assigned a mentee who works i...
forms.gle
I've never written an applied micro paper before. I'm about to find out if I can write one at short notice!!!
Are you an applied microeconomist and golfer? Come to Fife & do both! The 1st annual Fife Applied Microeconomics and Golf conference will be held 2-4 June. Golf on Balcomie (Old Tom Morris) and Craighead Links (Gil Hanse). Deadline 15 Jan. Info: applied-microecon.wp.st-andrews.ac.uk/fifeamgolf/