Mazars comment on Budget 2010 - Mazars - Ireland

Whilst Budget 2010 has demonstrated to the outside world that the government is balancing its books and Ireland is taking its’ problems seriously, it is a missed opportunity to herald clear vision and the fundamental change the nation badly needs, said Joe Carr, Managing Partner, Mazars.

“As with the McCarthy Report the Government has not used this opportunity to articulate where Irelands future sustainable position will be, what priorities we must focus on and thus what criteria have been used in formulating this Budget.”

“The Minister stated that he was not making cuts in the abstract, but deciding where they will fall, but in general most of the cuts were designed to be across the board and did not specifically focus on identified priorities.”

Whilst I recognise that a budget making fundamental cuts to expenditure was required, I would have preferred a more insightful, nuanced and focused approach.

“Unfortunately, the government has failed to seize the opportunity demanded by the current economic crisis to articulate and champion a different way for our people, our society and our economy.”