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

3:30 pm

Professor Alan Barrett:

One could argue that doing a budget on an annual basis with aggressive lobbying in its negotiation consumes a significant amount of resources both for the political and senior Civil Service class. One can make the argument that by doing it on a multi-annual basis and sticking to it, one economises on resources which one can then deploy in doing the sort of evaluation to which Senator Barrett often refers.

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