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    Il governo “fa il bilancio come se non ci fosse un domani” – Ifac

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    2. Own-Discussion5527 on

      >IFAC says Government needs to move away from year-to-year budgeting.

      >Moving to multi-annual budgeting would give government agencies more certainty over their future funding, it says. This would aid better planning and delivery of public services.

      >The Irish Fiscal Advisory Council says the share of corporation tax which is being saved will drop from 32% this year to 15% in 2026.

      >The watchdog warns that spending is set to grow by over 11% in 2025 which it described as “much faster” than was sustainable.

      So common sense recommendations that will fall on deaf ears

    3. Enough-Square1154 on

      Ireland has become increasingly populist economically.

      The give away budgets need to be stopped and a sensible conversation on welfare and migration spending needs to be had.

      We can’t fund the unproductive indefinitely, there needs to be a fair balance.

    4. EnvironmentalShift25 on

      We don’t have a single political party who are demanding that we reduce spending and save more for a rainy day.  In fact most of the opposition parties would say we have ‘austerity’, and need to spend much much more.

      IFAC are giving sound economic advice for the long term.  But the political system does not give a feck about the long term.  

    5. MiddleAgedMoan on

      The trend in budgets is fairly easy to follow surely.

      In the first year or two after an election the ordinary punter gets nothing and then in the year immediately before an election the media-coined give away budget is constructed to win an election. And it seems to work for them.

      Successive governments lack a true long term vision for investing in this country. They often pander to big business and rarely seem to be able to proactively plan ahead. For example, when was a metro first discussed?

    6. Baggersaga23 on

      Politicians making decisions based on the next election. Thats the incentive they have. We need to find some way to change those incentives. Eg taking some of the decisions out of their hands by forcing counter cyclical policies or Extra pay if projects come in on budget, lower pay if they don’t.

    7. Quietgoer on

      The Chinese budget decades ahead. Also when people were just getting used to the idea of cheap stuff from China 20+ years ago they were already hatching their plan to flatten the EU/USA car industry 

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