Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

It is quite a sizeable factor in servicing the debt because it obviously takes away our ability to invest in public services. We pay more taxes and all of that. In terms of our exposure, onshoring seems to me to be something to which we should be paying very serious attention. Has a risk analysis been carried out in respect of it? If it was to go back up to 120% as a result of an overnight change, how would it impact on us?

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