Oireachtas Joint and Select Committees

Tuesday, 6 October 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Macroeconomic Forecast for 2016: Department of Finance

5:35 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

Deputy Fleming has traced the area I am interested in but I have one question. If the witness was on RTE he would be asked, “What can go wrong?” That is usually their opening gambit. I understand that Mr. McCarthy has dealt with the down-side. He does not deal with the question of oil. Just as we had almost no notice of the fact that oil collapsed from €100 a barrel to €50, is there anything in the ether to suggest that this situation might change in the year ahead?

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