The ESRI is advising the government to adopt a neutral budget this year to avoid a return to boom-bust economics.
In it's latest report, the think-tank says the 1.5 billion in spending increases and lower taxes planned for Budget 2016 is not needed in an economy already growing at the fastest pace in Europe.
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The ESRI says Ireland's economy will continue to perform strongly, with GDP growth of 6 percent this year and 4.5 percent next year.
Economist David Duffy says consumer spending is one of the main factors driving growth.
