Tuesday 16 January 2018

Not the time to ease financial prudence

Minister for Finance Paschal Donohoe. Photo: Gareth Chaney, Collins
Minister for Finance Paschal Donohoe. Photo: Gareth Chaney, Collins
Editorial

Editorial

By tomorrow all will be revealed as Finance Minister Paschal Donohoe presents his first Budget. It is the time when the economics merges with the politics and Government directly addresses the voters, which of itself causes unease.

Happily, the decade of slash and burn is over and we can look forward to, if not good news, then at least an absence of bad news. But by now, we are also a nation with pent-up expectations after soldiering through 10 years of doing more with less.

The danger here is that Mr Donohoe knows that he may be delivering a Budget for 2018 which could also be an election year. He must also deliver something that will help make the government-supporting Independents look good and he also has to make terms with Fianna Fáil underpinning this minority Coalition.

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