Oireachtas Joint and Select Committees

Wednesday, 7 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Statement of Strategy 2011-2014: Discussion with Department of Finance

2:25 pm

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

To put it in specific terms, based on the numbers Mr. Moran is looking at currently, is an adjustment of €3.5 billion sufficient to achieve a deficit next year of 7.5%? He is focused on achieving the targets, and we all agree on that, but what are the numbers telling him in terms of what is required to get to the target next year given that downward revision of growth?

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