Oireachtas Joint and Select Committees
Thursday, 4 December 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report - November 2014: Irish Fiscal Advisory Council
3:00 pm
Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source
The witnesses mentioned that because of growth, stimulus would be less useful. However, the economy is obviously not at capacity as we still have such a high level of unemployment, at over 10%. Stimulus, therefore, would still have a part to play in the reduction of the unemployment level.
Debt-to-GDP ratios are obviously very important in all the delegation's work. A key element concerns bank debt and recapitalisation. It is not on the horizon and it is not in this document. Is it on the delegation's horizon with regard to understanding these things?
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