WED­NES­DAY

Irish Independent - - The Week -

THE econ­omy is now close to its peak and is fac­ing a num­ber of risks that could cause it to crash, the coun­try’s bud­getary watch­dog has warned.

Head of the Ir­ish Fis­cal Ad­vi­sory Coun­cil, Sea­mus Cof­fey, said on Wed­nes­day that Fi­nance Minister Paschal Dono­hoe’s (pic­tured) long-term spend­ing plans “lack cred­i­bil­ity” and “look un­re­al­is­tic”.

As new fig­ures show bumper cor­po­ra­tion tax re­ceipts for Novem­ber, he will cau­tion that the econ­omy is “close to its po­ten­tial”.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.