Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

ECOFIN Meeting: Minister for Finance

9:30 am

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

Nobody disagrees with the objectives of the fiscal rules. The objectives of the fiscal rules are keeping debt low and running balanced budgets. Nobody disagrees with the objectives. It is the criteria being used to get to those objectives that are not working and require change. We need to formally put that demand for change onto ECOFIN.

If the Minister delays any longer on the summer economic statement, which was originally called the spring economic statement, it will be the autumn economic statement. The Minister's reply to a parliamentary question I tabled in early June said it was due before the end of that month. Now he is saying it is before the end of this month. When will we see the summer economic statement and why is there such a delay in the summer economic statement?

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