The Risk Register: A budget threat to the State’s budgetary watchdog
The Irish Fiscal Advisory Council (Ifac) has been forced to scale back activities due to budget constraints and could be stretched even further with potential increased responsibilities due to upcoming changes to EU fiscal rules, internal documents show. The independent budgetary watchdog’s latest risk register, released under freedom of information (FOI) law, indicates that the problem could impact on its ability to deliver on its mandate. The risk is granted the highest score possible in the register, last updated in August 2025. This means that the risk requires the “immediate attention” of management in the council, as well as “additional…
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