Oireachtas Joint and Select Committees

Tuesday, 4 October 2016

Committee on Budgetary Oversight

Forecasts for Budget 2017: Department of Finance

11:00 am

Mr. John McCarthy:

The current account balance in 2015 was over 10% of GDP, which was quite unprecedented in Irish historical experience and probably the largest current account surplus in Europe. However, it was due to trade exports and contract manufacturing and having no offset in imports.

Ms Weymes will talk about the labour market.

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