Oireachtas Joint and Select Committees

Thursday, 19 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2014: Irish Fiscal Advisory Council

3:30 pm

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

I am not asking for a comment on the 12.5% rate, rather I am asking about the weighting of foreign direct investment from the multinational sector in the economy. It accounts for a high proportion of our economic activity and we have a unique gap between GNP and GDP in European terms because of our heavy reliance on the sector. The visitors from the Bundestag finance committee advised us to watch it.

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