Oireachtas Joint and Select Committees

Thursday, 27 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council

3:20 pm

Photo of Jim DalyJim Daly (Cork South West, Fine Gael) | Oireachtas source

I thank the members of the council for their contributions and for devoting time to answering questions.

I will be as brief as I can. I refer to a line used by Professor McHale who stated:


There has also been a notable increase in non-tax revenues, partly related to the State's involvement in the banking sector. These sources of income should be closely monitored.
I assume he is referring to the price of the bank guarantee the banks are paying.

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