Oireachtas Joint and Select Committees
Tuesday, 20 June 2017
Committee on Budgetary Oversight
Irish Fiscal Advisory Council: Discussion
4:00 pm
Mr. Eddie Casey:
On the debt target, these are useful innovations, but it is important to remember they are being targeted for the mid-2020s, which is far away. We have no idea what will happen to GDP in the meantime, let alone GNI. It is difficult to get a fix on what happened to GDP last year, and we have seen significant revisions in the past. A more meaningful target for the Government to commit to in the present would be to abide by the fiscal rules from year to year. It is an easier basis on which to run-----
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