Oireachtas Joint and Select Committees
Tuesday, 13 December 2016
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
5:00 pm
Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source
I thank Mr. Coffey. I have been told by the Chair that I have one question remaining. I wish to clarify the position on the fiscal space for next year. We have been told it will be €1.8 billion and that €0.6 billion will be spent on the Lansdowne agreement and other prior commitments, another €0.6 billion on carryover from the recent budget and a further €0.6 billion on demographics and inflation. I thought I heard Dr. Conefrey say that the €0.6 billion for inflation and demographics is over several years. The notes I have indicate that it is €1.8 billion split in thirds on the areas I have outlined but I am not sure. Is that correct?
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