The Irish Fiscal Advisory Council was established in June 2011, as part of a wider agenda of reform of Ireland’s budgetary architecture. The role of the Council is to independently assess, and comment publicly on, whether the Government is meeting its own stated budgetary targets and objectives. It assesses the appropriateness and soundness of the Government’s macroeconomic projections, budgetary projections and fiscal stance. The Council will also examine the extent of compliance with the (forthcoming) legislated fiscal rules.

The Council is an independent body; legislation to be published later this year under the Fiscal Responsibility Bill will underpin its independent status.

The Council’s latest publication is available to download at the following link                Fiscal Assessment Report, April 2012