Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

I want to stick to looking at what was being warned ... the warnings from the Central Bank in relation to the budgetary policy of your Government. If we look at the Central Bank pre-budget letter ... towards the end of 2000, this is for the budget for 2001. It warned that despite the strong surplus position the case against an expansionary budget is convincing, as this would heighten the risk of a hard landing for the economy. Did you ignore that advice when agreeing the budget for 2001?