Colm McCarthy: Minister Donohoe flags clouds on the economic horizon

Minister Donohoe’s speech reads like it was aimed at the cabinet and his colleagues do not seem keen to read the memo.

Colm McCarthy

15 June 2022

Minister for Finance Paschal Donohoe. \ REUTERS/Clodagh Kilcoyne

Last Friday, Minister for Finance Paschal Donohoe delivered a well-crafted speech about Ireland’s economic prospects and the policy framework around next October’s budget.

He was addressing a conference at the Economic and Social Research Institute and warned about clouds on the economic horizon. His main worries were:

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