Oireachtas Joint and Select Committees

Wednesday, 27 September 2017

Committee on Budgetary Oversight

Business of Select Committee
Ex-ante Scrutiny of Budget 2018 (Resumed): Minister for Finance

2:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

In structural terms there will be because, as I just said, the objective is -0.5%. I shall return to the question that Deputy Calleary asked me. The budgetary performance definition that we must use has been set by the European Commission, which defines it as a medium-term objective and is a structural deficit.

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