Public Expenditure Minister Brendan Howlin today insisted the Government is not preparing a five-year tax cutting plan.
Mr Howlin was commenting on reports today that a spring statement updating citizens on Ireland's economic progress may also contain a five-year tax cutting strategy which would be central to the party's next election campaign.
The Public Expenditure said he did not believe that this was the case - and neither did Finance Minister Michael Noonan.
"I read speculation in one of this morning's newspapers in relation to it having a five-year tax plan. I discussed that with Michael Noonan and he is as perplexed as I am. There is no such intention," Mr Howlin told reporters.
Mr Howlin said the spring statement on the economy would still be important. It would update everyone on where Ireland stood on employment, public spending, inflation and other details.