Oireachtas Joint and Select Committees
Tuesday, 6 September 2016
Committee on Budgetary Oversight
Analysis of Economic Forecasts: Central Bank of Ireland
1:00 pm
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
I welcome Dr. Fagan and his team. I have a number of questions for Dr. Fagan that require short answers in order to establish - before I get to my substantive question - whether we are on the same page. In his opening statement, Dr. Fagan referred to the recent GDP figures and he said that they included very large upward revisions to the value of GDP. Would it be fair to say that the word "distortion" could be used instead of the term "revisions"? Would "distortion" be an accurate word to use?
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