Ireland politics Ireland

Govt debt could end up on 'unsustainable path' - IFAC

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The Irish Fiscal Advisory Council has said the economy is recovering 'swiftly' but government spending plans for the upcoming Budget are "at the limit of what is prudent".

In its pre-Budget Statement, published today, the budgetary watchdog also warns there is a one-in-four risk that government debt could end up on an unsustainable path.

The Fiscal Council welcomes the detail and rules on spending for the upcoming Budget outlined this summer by the Government.

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