Dublin Bus passengers wearing masks. ‘Ongoing restrictions appear likely for some time in many areas,’ said Ifac. Photograph:  Crispin Rodwell

The Government’s budgetary watchdog has called for a “substantial multi-year stimulus” to restore demand in the Irish economy. In a pre-budget submis(...)

 Minister for Finance Paschal Donohoe said there would be no change to income tax credits or bands, USC or PRSI. Photograph: Kay Nietfeld/DPA via AP, Pool

The Government will not make any changes to income tax in next month’s Budget, Minister for Finance Paschal Donohoe has indicated. With Covid-19 case(...)

Within two months of first official cases of coronavirus being reported here   unemployment shot to a record 28.2 per cent, one of the biggest jumps seen by any country. Photograph: Frank Miller

The Irish labour market tends to amplify economic shocks. That’s been observed through several recent recessions. The reason is that 70 per cent of t(...)

The share of the population aged over 65 is forecast to increase from 14 per cent in 2020 to 27 per cent by 2050.

During this pandemic the Government must not ignore the urgent need for pension reform. After protracted negotiations to form a new Government, urgent(...)

Rossnowlagh Strand in Co  Donegal: staycation scheme will be popular but may give people a refund on money they would have spent anyway.     Photograph: Bryan O’Brien

It isn’t often that a government can pump billions of euro into the economy and still be so unsure about its impact on growth. Yet we all know that th(...)

EU competition commissioner Margrethe Vestager ordered Apple in 2016 to pay €13.1bn in back taxes. Photograph: John Thys/AFP via Getty Images

Paul Gallagher, the State’s Attorney General during the depths of the financial crisis, has had a busy time getting back up to speed since Taoiseach M(...)

Minister for Finance Paschal Donohoe: Ageing population will pose long-term pressure on State finances, warns watchdog Ifac.

The Covid-19 pandemic will undoubtedly have a major impact on the Irish economy, but it’s only the current financial crisis: others lie in wait if the(...)

Not even the impending financial and environmental disaster that is climate change can deflect from an even greater threat – paying for Ireland’s ageing population.

Ireland has one of the fastest-ageing populations in the EU. In just 30 years, the number of those whom the State’s working population will have to su(...)

Minister for Finance Paschal Donohoe with Budget 2020:  The Irish Fiscal Advisory Council report says there are  serious long-term fiscal challenges ahead that should form part of today’s budgetary decisions.

Economic growth will slow to a long-term rate of about 1 per cent in the coming decades, with the impacts of an ageing population and reforms to corpo(...)

The current age of retirement leaves the public finances on an unsustainable footing, according to the State’s budgetary watchdog. File photograph: Getty Images

The current age of retirement leaves the public finances on a vulnerable and unsustainable footing and should be pushed out to reflect increasing leve(...)

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