Saturday 20 January 2018

Brendan Keenan: Rapidly shifting sands undermine Budget plans

Brendan Keenan

Brendan Keenan

IT'S shaping up to be a hot autumn -- for the Government in general and the Finance Minister in particular. Those who can't stand the heat had better start looking for the kitchen door.

Yesterday, the Central Bank tweaked up the temperature. It said nothing that has not been said before, but the words of a central bank always carry extra clout. And the clock is ticking.

It began ticking with last December's Budget. After one early Budget and one emergency one, Finance Minister Brian Lenihan produced a road map as to how Ireland would get out of its public finance crisis by 2014.

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