Oireachtas Joint and Select Committees
Thursday, 5 December 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report November 2013: Discussion with Irish Fiscal Advisory Council
2:25 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I understand that. Professor McHale believes that next year the Government should hold to the target of €2 billion. Given that this year the Government was able to find €600 million to meet its target of €3.1 billion - which it says has been met - and many were once-off measures - surely next year, the Government will be able to produce once-off measures amounting to €1 billion. The Government has made clear that when it will choose to receive the dividend of €400 million from the ESB will be of its choosing. The timing in respect of the receipt of the lottery licence which is a fee of €200 million will also be of its choosing. This can be used as a once-off measure for the budget next year or the following year. Is it correct that once-off measures should be used in these situations to achieve the budget deficit target?
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