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Budget 2020 : Addressing Fiscal Vulnerabilities
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Last year, public expenditure and revenue were aligned for the first time since 2007. Nevertheless, vulnerabilities remain. This document considers two sources of vulnerability. The first relates to the possibility that corporation tax receipts have reached (or will shortly reach) a high watermark. The second relates to the suite of fiscal rules that are ill-equipped to address the idiosyncrasies of the Irish economy.
Date
2019-10-31
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Department of Finance