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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

With respect, that is not the question I asked. If the question I asked could be answered. I did not ask about the consequences. Are we calculating the fiscal rules on measurements which are less reliable in this State than they are in other states? I am not interested in the consequences. We have to work within the fiscal rules and calculate how they work in this State. We were calculating them on debt-to-GDP on GDP figures. Mr. John McCarthy just said they are less reliable in this State because of the extent of how multinationals locate here.

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