Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

I want to turn now to Vol. 2, page 42 of ... a graph that has been seen many times for different witnesses. It concerns the ... the June fiscal framework and the comparison between that and the actual budget outcomes. It's on page 42 of ... of Vol. 2. That's it there. It comes from the Wright report. The June fiscal framework proposals for the upcoming budgets were ... were given approximately ... were given approximately five to six months before the budget was finally announced. However, major revisions, as you can see, to the fiscal framework proposals were frequently made prior to the budget. By whom were these major revisions proposed and by whom were they agreed?

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