Budget 2019: Minister to factor in hazard of overheating economy

Robust political exchanges ahead of summer statement whet appetites for general election

Sources said two positions outlined by the Irish Fiscal Advisory Council this week will inform Minister for Finance Paschal Donohoe’s budget planning. The council warned of an overheating economy to the risk of a no-deal Brexit.

Sources said two positions outlined by the Irish Fiscal Advisory Council this week will inform Minister for Finance Paschal Donohoe’s budget planning. The council warned of an overheating economy to the risk of a no-deal Brexit.

Risk of the economy overheating will be factored into Minister for Finance Paschal Donohoe’s budget calculations as the Government finalises its tax and spending package before the election.

Sources said the two extreme positions outlined by the Irish Fiscal Advisory Council in a report this week will inform Mr Donohoe’s budget planning. The council warned of an overheating economy to the risk of a no-deal Brexit.

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