Oireachtas Joint and Select Committees

Thursday, 8 May 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012

1:55 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

It was already used. The troika did not have a problem with it being in the document.

Let me turn to page 12 and to the issues Mr. McCarthy was addressing. There is a note under the table on page 12 that refers to the general Government balance after 2016 as being a technical assumption that indicates what is required to support the achievement of the medium-term objective of a structural balance by 2019 and its maintenance thereafter. When we examine that table and the figures for after 2016, we note a technical assumption will be based on a future policy decision. Is it a necessary policy decision to keep us in line with our commitments?

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