Irish Fiscal Advisory Council

The Irish Fiscal Advisory Council is an independent statutory body with a mandate to:

  • Assess and endorse the Government’s official economic forecasts
  • Assess budgetary forecasts
  • Assess the Government’s fiscal stance
  • Monitor fiscal rules

Fiscal Space Calculator Latest reports

Date News item
12 Oct 2021 Read the Council’s “Flash Release” on Budget 2022
30 Sep 2021 The Fiscal Council Endorsement Letter, September 2021
15 Sep 2021 Read our new Pre-Budget 2022 Statement
19 July 2021 The Minister for Finance responds to the Fiscal Assessment Report, May 2021
25 June 2021 The Council launches its Fiscal Space Calculator
26 May 2021 The Council publishes its Fiscal Assessment Report, May 2021
25 May 2021 The Council will give a Webinar on its latest Fiscal Assessment Report on 1 June 2021
19 May 2021 The Council engages with the Committee for Finance, Northern Ireland Assembly
7 Apr 2021 The Fiscal Council Endorsement Letter, April 2021
18 Mar 2021 New working paper on managing high government debt
26 Feb 2021 The Council publishes a new working paper on the role of elasticities in forecasting government revenue
23 Feb 2021 The Fiscal Council publishes a working paper on a new Macro-Fiscal model: the “Maq”
16 Feb 2021 OECD launches its Review of the Irish Fiscal Advisory Council
9 Feb 2021 Council holds its Path for the Public Finances Conference 2021
4 Feb 2021 Programme announced for Path for the Public Finances Conference 2021
22 Jan 2021 Response of the Minister for Finance to the Fiscal Assessment Report, December 2020
13 Jan 2021 The Fiscal Council welcomes its two newest members
1st Dec 2020 The Fiscal Council publishes its Fiscal Assessment Report, December 2020
14 Oct 2020 The Fiscal Council publishes a visual summary of Budget 2021
9 Oct 2020 The Fiscal Council publishes the “Long-term Model: Methodology Report” – a companion publication to the Long-term Sustainability Report
30 Sep 2020 The Fiscal Council publishes a new working paper on Forecasting Ireland’s Macroeconomy
30 Sep 2020 The Fiscal Council Endorsement Letter, September 2020
17 Sep 2020 Read our new Pre-Budget 2021 Statement
15 Jul 2020 The Fiscal Council publishes its first Long-term Sustainability Report
3 Jul 2020 Response of the Minister for Finance to the Fiscal Assessment Report, May 2020
16 Jun 2020 The Council appears before the Oireachtas Special Committee on Covid-19 Response
27 May 2020 The Fiscal Council publishes its Fiscal Assessment Report, May 2020
26 May 2020 Join our webinar on the Fiscal Assessment Report.
27 Apr 2020 Article on COVID-19: Hard political choices today, tomorrow and further ahead.
10 Apr 2020 The Fiscal Council Endorsement Letter, April 2020
28 Feb 2020 Budgeting for Climate Change conference, 28th February 2020
2 Jan 2020 The Fiscal Council publishes its Strategic Plan 2020-2022
9 Dec 2019 The Fiscal Council publishes a new working paper on projecting Ireland’s migration
28 Nov 2019 The Fiscal Council publishes its Fiscal Assessment Report, November 2019
14 Oct 2019 The Fiscal Council welcomes the appointment of Seamus Coffey as Chair of the Network of EU Independent Fiscal Institutions
14 Oct 2019 The Fiscal Council publishes a visual summary of Budget 2020
2 Oct 2019 The Fiscal Council Endorsement Letter, September 2019
11 Sep 2019 Read our new Pre-Budget 2020 Statement
11 Sep 2019 Job Opportunity: Researcher & Permanent
Secretary to the Network of the EU Independent Fiscal Institutions
18 Jul 2019 Response of the Minister for Finance and Public Expenditure & Reform to the Fiscal Assessment Report, June 2019
2 Jul 2019 Read our new Analytical Note on estimating how responsive Ireland’s deficit is to the economic cycle
2 Jul 2019 We have added a new “Datasets” page for researchers
11 Jun 2019 The Fiscal Council publishes its new Fiscal Assessment Report
11 Jun 2019 The Fiscal Council publishes a new working paper on “Estimating Ireland’s Tax Elasticities: A Policy-Adjusted Approach”
7 Jun 2019 The Fiscal Council publishes a new Stand-Still Scenario for Government Spending over the Medium Term, 2020–2023
23 May 2019 The Fiscal Council publishes its Assessment of Compliance with the Domestic Budgetary Rule in 2018
18 Apr 2019 New Council Member is Appointed to the Fiscal Council
5 Apr 2019 The Fiscal Council Endorsement Letter, April 2019
29 Mar 2019 The Fiscal Council publishes a new working paper on “The Current Account: a Real-Time Signal of Economic Imbalances or 20/20 Hindsight?”
22 Feb 2019 The Fiscal Council holds its third annual “Path for the Public Finances” conference in Dublin Castle
30 Jan 2019 The Fiscal Council publishes a new working paper on “Ireland’s Spending Multipliers”
23 Jan 2019 Response of the Minister for Finance and Public Expenditure & Reform to the Fiscal Assessment Report, November 2018
28 Nov 2018 The Fiscal Council publishes its new Fiscal Assessment Report
31 Oct 2018 The Fiscal Council publishes a new working paper on using “Nowcasting to Predict Data Revisions”
2 Oct 2018 The Fiscal Council Endorsement Letter, October 2018
7 Sept 2018 Pre-Budget 2019 Statement
7 Sept 2018 A “Heat Map” for Monitoring Imbalances in the Irish Economy
13 Aug 2018 Response of the Minister for Finance and Public Expenditure & Reform to the Fiscal Assessment Report, June 2018
6 Jun 2018 The Fiscal Council publishes Fiscal Assessment Report, June 2018
6 Jun 2018 The Fiscal Council publishes a new working paper on “Designing a Rainy Day Fund to Work within the EU Fiscal Rules”
31 May 2018 The Fiscal Council publishes a new Stand-Still Scenario for Government Spending in the Medium Term, 2019–2023
31 May 2018 The Fiscal Council Publishes its Assessment of Compliance with the Domestic Budgetary Rule in 2017
11 Apr 2018 The Fiscal Council Endorsement Letter, April 2018
5 Mar 2018 The Fiscal Council holds a conference on the theme of measuring the Irish cycle
26 Jan 2018 The Fiscal Council publishes a new working paper on measuring the Irish cycle
25 Jan 2018 The Fiscal Council publishes a Note on the Proposed Rainy Day Fund for the consideration of the Committee on Budgetary Oversight