The Institute was represented by Dr. Brian Keegan, Director of Advocacy and Voice, at the National Economic Dialogue (NED) 2022 last week. The theme of the forum, hosted by both the Department of Finance and the Department of Public Expenditure and Reform, was Building Economic Resilience to deal with International Challenges.
The NED provides a forum for public consultation and discussion ahead of Budget 2023. The discussion centred on the cost-of-living challenges arising against an economic backdrop of war and global energy spikes, the risk of exacerbating inflationary pressures and the need to ensure sustainable public finances whilst reducing dependence on corporation tax receipts.
Dr. Keegan emphasised to Ministers the importance of capacity building within the economy and the contribution of the accounting profession to the services sector. He also took the opportunity to outline elements of the CCAB-I’s pre Budget 2023 submission which was launched this week. Documents and speeches from the NED can be found on gov.ie.