Oireachtas Joint and Select Committees

Wednesday, 26 June 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Ministers and Secretaries (Amendment) Bill 2012: Committee Stage

3:20 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

Obviously, there will be a debate about the true basis of the forecast. If it is not endorsed through independent validation, there will be a debate about it. In the event of the council failing to endorse the forecast, the resulting steps would be considered by the Government. According to the code of conduct of the regulations, the budget and stability programme will need to be published with supporting explanations as to the non-endorsement. I presume that the reservations and rationale behind them would constitute an appendix to the forecast.

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