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
3:40 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
IFAC's report estimated that as a result of the CSO calculations in June, GDP will increase by €4.5 billion to €5 billion, increasing our GDP from 2.5% to 3%. If those calculations prove correct, our deficit should decrease by approximately 0.12%.
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