The National Economic and Social Council (NESC) has announced it has begun its three-yearly review of Irish economic and social policy.
The results of this strategy report will be published later this year.
Previous strategy reports published by the NESC provided the basis for all social partnership agreements since 1987.
In a 20-page statement today, the NESC said it would identify what it sees as the key strategic goals of public policy and priorities necessary to achieve those goals.
The NESC was established in 1973 to advise the Government on the development of the national economy and the achievement of social justice.
On macroeconomic policy, the Council’s report is to outline principles that will be used in the management and limitations of public finances in the coming years.
It will also identify a range of policies aimed at achieving and sustaining low inflation.
The report is also expected to identify key elements to be included in wage negotiations as well as identifying the main options for the development of Ireland’s wage bargaining system.
Other considerations in the report include overviews on poverty and inequality with a view to identifying key policy priorities, while taking into account the equality framework that was developed by the National Economic and Social Forum.