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Timeline of Paschal Donohoe’s €10m World Bank top up raises serious concerns

Former Finance Minister Paschal Donohoe must appear before an Oireachtas committee to answer questions about the government’s decision to provide an extra €10 million to the World Bank prior to him taking up a senior position with the international development organisation, according to Social Democrats TD Cian O’Callaghan. Deputy O’Callaghan, who is the party’s finance […]

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Publication of Medium-Term Fiscal and Structural Plan cannot mask massive budget overruns

The new Minister for Finance must break the cycle of reckless budget overruns, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan made his comments after the delayed publication of the government’s Medium-Term Fiscal and Structural Plan. He said: “Overruns have already reached €4.1 billion this year. This habit of overspending is not a […]

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Decision to delay key infrastructure projects undermines government’s credibility

The publication today of the Accelerating Infrastructure report is overshadowed by the government’s decision to postpone delivery of DART+ South West and the Luas extension to Finglas, according to Social Democrats Finance, Public Expenditure and Infrastructure spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “At today’s launch of Accelerating Infrastructure, bold claims were made by the Taoiseach, […]

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Government must take responsibility for its failure to deliver infrastructure

Ireland’s infrastructure delivery is the slowest in Europe – a damning indictment of Fianna Fáil and Fine Gael. The Government’s announcement of emergency legislation to fast-track infrastructure projects is a belated admission of failure, according to Social Democrats Finance and Public Expenditure spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “According to the Draghi Report on EU […]

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Government cannot invest in Ireland’s future while hollowing out the tax base

The government cannot invest in Ireland’s future while hollowing out the tax base, according to Social Democrats finance spokesperson Cian O’Callaghan. Responding to today’s damning assessment of Budget 2026 by the Irish Fiscal Advisory Council (IFAC), Deputy O’Callaghan said: “The government has the gall to lecture families about protecting the national finances, yet their latest […]

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Struggling households will find government’s McBudget hard to swallow

Budget 2026 will be remembered for prioritising big developers and fast-food chains over the needs of struggling households, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “This is a budget characterised by bad choices and missed opportunities. It paints a picture of a government firmly on the side of vested interests rather […]

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