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 Martínez 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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