IMF calls for Irish government to do more to cut down on borrowing

The IMF says the government needs to do more to cut down on borrowing – saying the plans for the next Budget are "too modest".

It's called on the government to ringfence any unexpected income it gets – and says Ireland could miss its debt targets in future if any windfalls are splashed out in the next Budget. 

But the findings have been criticised by one of the ministers responsible for drawing up that Budget. 

Brendan Howlin says it's ridiculous to think that the government would be anything other than prudent