Oireachtas Joint and Select Committees

Tuesday, 13 September 2016

Committee on Budgetary Oversight

Pre-Budget Statement: Irish Fiscal Advisory Council

1:05 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats) | Oireachtas source

To be continued. I have two final, technical questions. The fiscal space available is narrowed because the convergence margin is being applied. It is being applied because the Commission believes that the economy is overheating. It is my understanding that the council believes it is neither overheating and that we are more or less there. Would it be the Professor's view that the convergence margin should not be applied, which would increase the fiscal space a certain amount?

Comments

No comments

Log in or join to post a public comment.