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. John McCarthy:

I think that when the Taoiseach was referring to hidden fiscal space, he was talking about the total quantum of expenditure - the €58 billion rather than just the incremental amount - and he made reference to the comprehensive review of spending that is under way to identify efficiencies. This is where we might find hidden fiscal space.

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