The Government’s decision to reconvene the Dáil this week to extend tax breaks on petrol and diesel while maintaining its commitment to an €8.5 billion budget one month later signals a broader approach to State largesse: Either multinationals will keep paying for it, or the Exchequer will borrow more. More on these later – but first, in an increasingly uncertain world, a well-rehearsed pre-budget choreography. The watchdog keeps barking The Irish Fiscal Advisory Council (Ifac) is consistent in its advice. Its pre-budget statement published this Tuesday morning repeats the budget watchdog’s June call to introduce a formula-based rule to tie…
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