Exchequer Returns confirm impact of Government deflationary strategy

Slí Eile: Predictably, the collapse in retail sales, among other things, is taking its toll on Exchequer returns as signalled in today's latest figures. The Irish Times reports Fergal O'Brien, IBEC economist, as saying:
“While deflation will help the economy restore some competitiveness it appears that it is also going to be a significant drag on taxation revenues.”

Posted in: Fiscal policy

Tagged with: exchequer returns