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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 16h

1/4 Two releases came out today. The “White Paper” gives an updated glimpse of the fiscal situation before next Tuesday’s Budget package, but is thin on spending detail. We also have updated tax and spending numbers to September.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 24/09/2026

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...

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/09/2026

1/4 August’s update shows taxes growing strongly. But spending is also rising faster than planned, and Department of Health overruns are mounting.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 25/08/2026

1/11 The Fiscal Council’s latest report warns that Budget 2027 is set to be larger than appropriate for a strong economy. Spending overruns could make the package even bigger than announced on budget day, increasing Ireland’s reliance on risky corporation tax receipts.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 25/08/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 06/08/2026

1/4 Today’s fiscal monitor shows that taxes continue to grow strongly, while spending continues to grow at a fast pace.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 22/07/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 10/07/2026

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...

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/07/2026

1/5 Today’s fiscal monitor shows underlying tax revenue continuing to perform robustly, while expenditure is rising at a fast pace.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 01/07/2026

1/6 The Council is today releasing a new working paper: The hidden costs of inaction—why a failed climate transition will prove costly.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 26/06/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 26/06/2026

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

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 10/06/2026

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

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 10/06/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 04/06/2026

1/4 Today's fiscal monitor shows strong tax revenue growth and continued fast spending growth.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 26/05/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 22/05/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 06/05/2026

1/4 Today’s fiscal monitor shows an acceleration in spending and continued robust performance of tax revenue.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 21/04/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 07/04/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 04/03/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 26/02/2026

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-...

fiscalcouncil.ie

New Council Member Appointed to the Irish Fiscal Advisory Council – Irish Fiscal Advisory Council

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 23/02/2026

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...

fiscalcouncil.ie

Path for the Public Finances 2026 – Irish Fiscal Advisory Council

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 19/02/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 19/02/2026

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

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 10/02/2026

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...

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 05/02/2026

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...

ti.to

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’...

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 06/01/2026

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 19/12/2025

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/12/2025

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.

Chart showing strong revenue growth this year

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 28/11/2025

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-...

fiscalcouncil.ie

New Council Member Appointed to the Irish Fiscal Advisory Council – Irish Fiscal Advisory Council

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 26/11/2025

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 12/11/2025

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.

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 05/11/2025

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.

Chart showing the Exchequer balance excluding corporation tax, which is deteriorating.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 05/11/2025

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 15/10/2025

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.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 07/10/2025

1/16 This “Flash Release” gives the Council’s first read on Budget 2026. It explores some of the key areas that the Council will assess in its next Fiscal Assessment Report, due out in November.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 04/10/2025

1/4 This morning, the Government released its “White Paper” ahead of Budget 2026. The White Paper is routinely published the weekend before Budget Day. It gives a glimpse of tax and spending forecasts before the impacts of next Tuesday’s Budget measures are incorporated.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/10/2025

1/4 Today’s final fiscal monitor ahead of Budget 2026 shows tax revenue ahead of forecast and current spending continuing to rise quickly.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 01/10/2025

1/4 The Council is today publishing a working paper on “VAT rate pass-through: Evidence form the Irish hospitality and tourism industry” by @killiancarroll.bsky.social. The paper looks at the four most recent changes to the VAT rate on hospitality and tourism.

Chart showing how VAT rates have evolved in Ireland since 2010.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 09/09/2025

1/9 The Fiscal Council's latest report assesses the Government’s plans for Budget 2026. In it, we warn that there is no clear guide or rule for budgetary policy in Ireland. Without a rule or limit, budgetary policy will be made in a year-to-year fashion.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/09/2025

1/4 Today’s fiscal monitor continues three recent trends: 1) spending is growing quickly; 2) corporation tax continues to be volatile and 3) underlying revenue continues to perform well.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 03/09/2025

The Council is looking to recruit a new Council member. Applications from candidates in Ireland and overseas are welcome. The closing date to apply is 3pm (Dublin time) Thursday 18th September 2025. publicjobs.ie/en/?option=c...

publicjobs.ie

Job Details

Publicjobs.ie | Ireland's Premier Public Sector Recruitment Website

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 22/08/2025

1/6 We have a new blog post from our Beyond the Budget series. Today’s blog is titled “Planning, Permits, and Public Investment: Clearing the Path”. It examines the barriers to infrastructure investment in Ireland and how they can be resolved.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 14/08/2025

1/4 We have a new blog post from our Beyond the Budget series. Today’s blog is titled “Concrete Problems: Ireland’s Infrastructure Shortfall”. It examines how Ireland’s infrastructure has grown, but remains lower than that of our European neighbours.

Chart showing that Ireland's infrastructure is still lagging behind our European neighbours

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 06/08/2025

1/4 Today’s fiscal monitor highlights two important facts about the public finances: 1) spending continues to grow quickly; 2) corporation tax continues to be volatile.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 06/08/2025

1/5 The Council has released new research on how Ireland’s level of taxation and government spending compare to other European countries. Ireland is currently benefitting from having a relatively young population. This means lower demand for pensions and healthcare.

Chart showing Ireland has a relatively young population

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 30/07/2025

1/3 The Council is today launching a blog series called “Beyond the Budget”. The blog will showcase the latest research from the Council and its staff. The blog will cover a range of topics related to the Irish economy and the public finances.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 23/07/2025

1/11 The Government released its Summer Economic Statement yesterday, outlining its plans for Budget 2026. Budget 2025 had planned a €3bn increase in spending. Yesterday, this was revised up by €3.3bn, meaning the actual 2025 increase will be more than double the original plan.

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Irish Fiscal Advisory Council @fiscalcouncil.bsky.social · 23/07/2025

1/4 The government has released a revised National Development Plan. This sets ambitious targets for public investment in the years ahead.

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