I’d warrant that most Irish voters have only a vague idea what the Irish Fiscal Advisory Council is – and that lack of awareness has long been an advantage to successive governments who have repeatedly ignored the advice of their own watchdog when it comes to careless, profligate spending.
Because that’s what the Fiscal Council is, a watchdog, a body specifically set up to warn the government in relation to spending and the stability of the public purse. Their role is to provide “an honest and independent assessment of how the Government is managing the public finances and the economy”.
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