Oireachtas Joint and Select Committees
Tuesday, 6 September 2016
Committee on Budgetary Oversight
Analysis of Economic Forecasts: Central Bank of Ireland
1:00 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Whatever measure it comes up with will not be internationally accepted. We will basically have our own home-baked way of measuring the economy, yet in relation to the application of the fiscal rules, our comparisons in terms of OECD data are with our European colleagues. We will be using measures that everybody in this room believes are not credible and will, therefore, give us a very distorted picture in respect of how we comply with the rules into the future. Is that not the core of the problem?
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