ESRI’s gloomy forecast also likely to see Paschal Donohoe and Michael McGrath remain prudent
Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe TD with the Minister for Finance Michael McGrath TD, at a press briefing yesterday. Photograph: Gareth Chaney/Collins Photos“We have been saying that a moment of change will come,” Paschal Donohoe gravely intoned, informing reporters yesterday that the corporation tax take in September. Overall, corporation tax is down 23 per cent compared to the same period in 2022.
They cannot plead poverty, but for the time being, the mood music supports their firm stance for prudence. The dip does not, at this juncture at least, look like the kind of economic shock that would justify the pulling up of the budgetary handbrake, and it would be a major shock if the shape of this budget fundamentally shifted now.
Expect disposable vaping to take centre stage at the Enterprise Committee, where Ossian Smyth, the junior minister for the circular economy is up at 9.30am. Hiqa is in at the Health Committee at the same time. Catherine Martin is the afternoon’s star draw, at the Arts and Media committee, . A few more ministers will be rolled out in front of their respective committees at teatime: Roderic O’Gorman ; Charlie McConalogue and Pippa Hackett at the Agriculture Committee on Forestry (will launch their alternative budgets
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