Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Committee on Budgetary Oversight
Pre-Budget Statement: Irish Fiscal Advisory Council
1:05 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I put this question to the ESRI as well. We have had a discussion about possibly making a case to Europe or there was reference to discussions in Europe about distinguishing between capital and current expenditure, particularly where there might be a return and so on. Is it the council's understanding that currently there is provision for us to make that distinction which therefore would allow us to borrow in particular areas without it being considered to be breaching the rules? I have not got a definitive answer on that. Alan - is it Alan Bennett?
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