Oireachtas Joint and Select Committees

Tuesday, 7 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Budget 2015: Department of Finance

3:35 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Collectively, the euro area, United Kingdom and United States economies will grow by between 1% and 1.5% this year. Irish export growth is much greater than that. What is driving the expansion of exports? While I acknowledge that Ireland has regained significant competitiveness in the past five or six years, what is causing the spurt in exports, especially given that the economies to which we primarily export are not exactly racing ahead?

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