Oireachtas Joint and Select Committees

Tuesday, 26 January 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Banking Sector and Central Bank of Ireland: Discussion

3:50 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

It is perfectly understandable that, given the dispute, we remain to be convinced.

I view the Government's growth projections for the economy as fanciful, to put it mildly, given what has been said about the likelihood or possibility of an international recession. Is Professor Lane in a position to comment on this? Is it not a dangerous game to be playing, to be predicting very impressive growth figures and basing election promises on them when all of the commentary internationally is that big clouds are gathering on the horizon and so many will say this is a small open economy which is very vulnerable to what happens in the international economy?

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