Report Claims Government Must Stop Stimulating Economy

A new report says the Government needs to stop stimulating the economy and start exercising fiscal caution.

The Irish Fiscal Advisory Council has criticised the Government for showing what it calls a ‘minimalist approach’ to complying with its own fiscal rules.

Chair of the Council, Seamus Coffey, said now that the economy is on the up, there’s no better time to put the public finances on a sound footing and further reduce debt.