Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Go raibh maith agat a Chathoirligh. Fáilte roimh an tUasal Cowen. Volume 3, page 46, just of the core booklets. Mr. Cowen, the banking inquiry has received documents, and they'll come up on the screen in a minute, that shows draft OECD reports on Ireland's macroeconomic development and these were revised or partly re-worded by the Department of Finance. Can I ask you a couple of questions in relation to that? Particularly, do you know if this was an arrangement that was also followed with other external organisations such as the IMF and were you aware that the Department were amending and re-wording portions? And we can see that's just one page of it that's up on the screen now ... for example, there's looking for a deletion of property-related receipts "and their greater importance than in the past" and the fact that this creates risks in the short and long term, words like "boom", "property boom" and stuff like that there. Were you aware that this was happening and was this an arrangement that was happening with other organisations as well?
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