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Commission to examine Northern Ireland's tax powers given cautious welcome

Executive may have to confront spending reality, warns economist

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Finance Minister Conor Murphy

Finance Minister Conor Murphy

Decisions: Economist Esmond Birnie

Decisions: Economist Esmond Birnie

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Finance Minister Conor Murphy

A top economist has said a Northern Ireland Fiscal Commission could inject a dose of reality into Stormont's spending decisions.

Ulster University senior economist Dr Esmond Birnie was speaking after Finance Minister Conor Murphy revealed he has set up the commission to examine how the Executive could best use its powers to tax the public and local businesses.

The DUP said it would send "shockwaves" through Northern Ireland if it was at the point where Sinn Fein was examining new taxes.


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