Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Committee on Budgetary Oversight
Pre-Budget Statement: Irish Fiscal Advisory Council
1:05 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I have a final question.
The council referred to reducing debt levels to safer levels. Does it mean achieving that through GDP growth in a meaningful way and underlining GDP growth so that the debt to GDP ratio is falling or is it suggesting that nominal debt be paid down if and when resources become available?
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