Government’s underlying budget deficit on course to hit €20bn by 2030, Central Bank warns
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Ireland's Central Bank projects the government's underlying budget deficit will reach €20 billion by 2030. The bank delivered the warning to the Committee on Budgetary Oversight, describing the public finances as 'deteriorating.' Spending commitments are widening the gap faster than current plans account for. The projection puts fresh scrutiny on how the next budget gets balanced.
Bank warns Committee on Budgetary Oversight about Government’s ‘deteriorating’ fiscal position
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