Oireachtas Joint and Select Committees
Tuesday, 15 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion
3:00 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
IBEC's presentation is based on the assumption that the correction at the end of the year will be approximately €200 million. Some people say the actual correction needed is €1.5 billion. Two hundred million is a fair bit off that amount. Let us take it that the correction will be €200 million. Ms Burke referred in her presentation to the need for tax and other reliefs. From where then are we to get the €200 million?
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