Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

10:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

What types of assumption has Mr. Dukes made in coming up with that estimate? He referred to what will happen in the property market, which will obviously be a key factor in both Ireland and the UK, as well as the general economic performance. What assumptions has he made about property prices over the next ten years in arriving at the estimate of a final bill of €25 billion?

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