The Irish Fiscal Advisory Council is an independent statutory body established 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 is required to assess and endorse, as it considers appropriate, the official macroeconomic forecasts underpinning each Budget and stability programme. The Council also assesses the fiscal forecasts and the fiscal stance, and monitors compliance with legislated fiscal rules.

Latest

28.07.2015 Response from Minister Noonan to Fiscal Assessment Report, June 2015
 28.07.2015 IFAC Publishes its Annual Report and Accounts for The Year Ended December 2014
23.07.2015 Minister Noonan invites expressions of interest from suitably qualified and experienced persons interested in being appointed to fill two vacancies for Members of the Irish Fiscal Advisory Council.
11.06.2015 Independent Evaluation Report of IFAC
04.06.2015 Fiscal Assessment Report, June 2015
01.04.2015 New Analytical Note on the Expenditure Benchmark