Oireachtas Joint and Select Committees
Tuesday, 6 December 2016
Committee on Budgetary Oversight
EU Directorate-General Economic and Financial Affairs: Discussion
5:00 pm
Mr. Carlos MartÃnez Mongay:
On the one hand, as I said, we can act on the composition of expenditures, that is, transferring resources from current expenditures to capital expenditures. This is one possibility. Another possibility, as I said, is to broaden the tax bases, which will bring more future, even current, revenues. If revenues are increased, there is the possibility to increase expenditures without affecting the deficit.
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