Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report: Irish Fiscal Advisory Council
2:00 pm
Professor John McHale:
Looking at the situation in 2011 when the fiscal council came into being, I thought we could get through it with the plan the Government was putting in place, as well as the plan the previous Government had put in place, for a basic adjustment strategy. Even though I was optimistic, in the most likely scenario I knew there were huge risks in terms of growth and what had happened on the European side.
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