Irish Fiscal Advisory Council

IFAC is an independent statutory body established as part of a wider agenda of reform of Ireland’s budgetary architecture.

Our mandate

Assess and endorse, as we consider appropriate, the Government’s official macroeconomic forecasts.
Assess the budgetary forecasts.
Assess the broader fiscal stance.
Monitor compliance with legislated fiscal rules.

Latest
Date	News item
11th Apr 2018	IFAC Endorsement Letter April 2018
5th Mar 2018	IFAC holds a conference on the theme of measuring the Irish cycle
26th Jan 2018	IFAC publishes a new working paper on measuring the Irish Cycle
25th Jan 2018	IFAC publishes a Note on the Proposed Rainy Day Fund for the consideration of the Committee on Budgetary Oversight
22nd Dec 2017	Response of the Minister for Finance and Public Expenditure & Reform to the Fiscal Assessment Report, November 2017
29th Nov 2017	Fiscal Assessment Report, November 2017
4th Oct 2017	IFAC Endorsement Letter September 2017
5th Sep 2017	Pre-Budget 2018 Statement
13th Aug 2017	Response of the Minister for Finance and Public Expenditure & Reform to the Fiscal Assessment Report, June 2017
27th Jul 2017	IFAC 2016 Annual Report and Accounts
7th Jun 2017	Fiscal Assessment Report, June 2017
23rd May 2017	IFAC publishes its Ex-Post Assessment of Compliance with the Domestic Budgetary Rule in 2016
17th May 2017	IFAC publishes a new working paper on short-run forecasting models used as part of the endorsement process and for ongoing monitoring and analysis of the Irish economy
26th Apr 2017	IFAC publishes letter to Marco Buti, Director-General for Economic and Financial Affairs (European Commission) regarding the application of the Expenditure Benchmark
10th Apr 2017	IFAC Endorsement Letter April 2017
30th Mar 2017	IFAC Conference explores Fiscal Risks
4th Jan 2017	IFAC welcomes new Chair, new Council Member and reappointment of existing Member