Oireachtas Joint and Select Committees

Tuesday, 20 June 2017

Committee on Budgetary Oversight

Irish Fiscal Advisory Council: Discussion

4:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay, on the basis that it should not apply the rules retrospectively or go with the medium-term objective, and even if expenditure benchmark is breached significantly, which would have required an adjustment in 2017, the only time it can make that analysis is in 2018 by which time it would have reached its MTO, on which side would the fiscal council come down, that the Commission is wrong or that the reaching the other target is the most urgent action?

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