The report follows on from a previous IFAC analysis that argued that the State may have to pay out €8 to €26 billion in fines if it fails to meet its binding 2030 climate targets.
An overrun for 2026 is guaranteed, but what remains to be seen is how large it will be, according to a senior IFAC economist.
Finance Minister responds to criticism from the Irish Fiscal Advisory Council that the Government was set to spend an ‘inappropriate’ amount of money at the upcoming Budget.
Increased demand on healthcare, pensions
Warnings being disregarded
The IFAC is the State’s financial watchdog.
Won’t meet targets
Inward migration
“Measures introduced in Budget 2024 lacked transparency.”
Tough choices not being made