Fiscal Advisory Council urges Noonan to be 'prudent' in budget
There is a warning today that "considerable work" is still needed to fix the public finances.
It comes from the Irish Fiscal Advisory Council, just days after official figures showed significant improvement in the country's growth figures.
Just last week, official figures showed a significant improvement in the country's growth figures.
The Finance Minister Michael Noonan said the coalition would proceed with caution, but admitted a "neutral" budget could be unveiled next month.
However, the Advisory Council says that because this is the first budget since Ireland exited the bailout, being "prudent" would show the Government is serious about fixing the remaining problems in the economy.
The Council says Ireland's fiscal policy has a history of contributing to boom and bust cycles, and now is the time to break this pattern.
It also highlighted the high levels of debt, urging the coalition to go ahead with a €2bn cut next month.
