In its review, the IMF said the Government needed to raise more taxes to invest in education, training and affordable housing and childcare once recovery from the pandemic has taken hold.

The introduction of a minimum global corporate tax rate could – in an “extreme scenario” – wipe out half of Ireland’s €11.8 billion corporate tax base(...)

Prime Minister Boris Johnson has begun easing lockdown measures in the UK. Photograph:  UK Parliament/Jessica Taylor/PA Wire

British manufacturers’ expectations of an economic rebound rose to their highest in 48 years this month as the country began to recover from the slump(...)

 Nuns and police during Pope Francis’s Sunday Regina Coeli prayer from the window of his office overlooking Saint Peter’s Square, Vatican City, on Sunday. Phptograph: Riccardo Antimiani/EPA

While other European countries increase spending to support their pandemic-ravaged economies, the Vatican has been forced into a painful austerity dri(...)

Joe O’Brien said there is a ‘very good chance’ that the rate of consistent poverty went up last year due to the impact of Covid-19. Photograph: Dara Mac Dónaill

Green Party Minister Joe O’Brien is pushing Government colleagues for a “one-off solidarity tax” on high earners and firms that were “highly profitabl(...)

Joe Biden, unlike his predecessor, has hired people who know what they’re talking about. Photograph: Jim Watson/AFP

In the summer of 2016, the Central Statistical Office (CSO) reported something astonishing: Ireland’s small nation’s gross domestic product had risen (...)

A kite-flier on the beach at La Baule, France, on Easter Monday, two days after the start of the country’s third lockdown. Photograph: Loic Venance/AFP

The European Union will vaccinate most of its population by the summer, Minister for Finance Paschal Donohoe said on Thursday. “We will get there an(...)

Minister for Finance Paschal Donohoe. Photograph: Julien Behal

The pandemic has exacerbated inequality in the economy, opening up a fissure between workers and businesses that have coped or prospered, such as web-(...)

Photograph: iStock

Markets settled into a holding pattern on Wednesday, with global stocks hovering around all-time highs as investors awaited details of the Federal Res(...)

Minister for Finance Paschal Donohoe: innovation by companies and the consumer response bode well for the recovery of the Irish economy.  Photograph: Gareth Chaney

Consumers and businesses have “adapted” to transacting online during the current Level 5 lockdown, Minister for Finance Paschal Donohoe said after a r(...)

The IMF’s Fiscal Monitor said the pandemic had exacerbated pre-existing inequalities in access to healthcare, education and digital infrastructure. Photograph: iStock

The International Monetary Fund on Thursday said advanced economies could use more progressive income taxes, inheritance and property taxes, and taxes(...)

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