Cormac Devlin
Question:255. Deputy Cormac Devlin asked the Tánaiste and Minister for Finance when he will bring forward a medium term fiscal plan; and if he will make a statement on the matter. [60196/25]
View answerThursday, 20 November 2025
Questions (255)
Written answers
The single biggest change from the recent revision of the EU fiscal framework is the requirement for Member States to produce and submit Medium-Term Fiscal Structural Plans to the European Commission.
Once endorsed by the Council of the EU, these plans commit Member States to an agreed medium-term expenditure path which will be subject to annual assessments by European authorities.
Ireland published its first plan on October 15th of last year. However, in line with the revised EU regulations , the Government has stated its intention to prepare and submit a new plan, which will set out the fiscal strategy to 2030.
While the formal requirement for budgetary policy to take a medium-term focus is driven by the revised European regulations, the merit of medium-term fiscal planning is evident in the face of numerous challenges facing the Irish economy.
Officials in my Department are currently preparing a new Medium-Term Fiscal Structural Plan. While I cannot give a firm date for publication, it will be published in due course.