Oireachtas Joint and Select Committees

Tuesday, 25 June 2013

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Budget 2014 Proposals: Discussion with IBEC

3:00 pm

Ms Reetta Suonperä:

On the growth forecast, even plugging in the Department of Finance’s own growth forecasts, we would still reach a deficit of 4.5% next year where the target is 5.1%. That is a conservative estimate and does not factor in any growth bounds from lessened austerity. Conceivably, if a little more was done on the tax side, there would be stronger growth.

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