Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Section 4 requires us, in line with the treaty, to reduce that portion of debt above 60% of GDP by one-twentieth each year. My understanding is that this rule would come into force in 2018. Has the Department calculated projections of the growth rates and inflation that would be required for Ireland not to impose additional austerity budgets on the people? What level of growth is required in that period so that the one-twentieth rule would not have an impact on our budgetary calculations?