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
Mr. Derek Moran:
We have discussed this at other fora and in other committee rooms. Fiscal space is a point-in-time calculation. It is a case of data comes in and a figure comes out at the far end. There were changes between the SES last year and what happened on budget day. They are all explicable for a range of changes within that. If the Deputy is asking me whether there is a heap of hidden money, my answer would be "No". I do not know whether Mr. McCarthy wishes to elaborate.
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