Oireachtas Joint and Select Committees

Wednesday, 24 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council

5:15 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Yes, on projections for unemployment, which I could not find among the tables, is it the case that if we continue to pursue the current adjustment path, unemployment will be approximately 13% when the programme expires in late 2015? In other words, if we meet all the targets and everything goes well, we will still have more than 400,000 people unemployed. Is this a concern for the council to the extent that it may perhaps consider the issue?

How is the sale of State assets connected to the arithmetic the council is monitoring? I am delighted that none of the sales of State assets committed to under the troika programme has been realised. What requirements are there in this regard if we are to meet the targets set out by the council? How soon must these asset sales take place to keep everything on track from the point of view of the council?

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