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Saturday 21 January 2017

Brendan Keenan: You talkin' to me about €3.5bn correction in Budget?

The silence of ministers on planned cutbacks next month may signal real fear

Published 25/11/2012 | 05:00

TAXI drivers, every journalist believes, are a well-informed source as to what is going on. Evidence that they may be correct in their belief came last week from, of all people, the Secretary General of the Department of Finance.

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John Moran told the annual conference of the Association of Treasurers (the people who look after company finances rather than government ones) that, not only did a taxi driver recognise him, he knew the size (€3.5bn) of the correction planned in next week's Budget.

What he wanted to know, of course, was the detail. Mr Moran quickly assured the audience that he had given away no Budget secrets – thereby averting a rush to the phones by the journalists present, to try to find the cabbie in question.

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