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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

By reducing the fiscal space by €150 million allows the Government 0.54% of additionality. That is all it is because it is a factor of the GDP. Therefore, if the Government did not have the margin of compliance the structural balance would come in at 0.554%. Is that correct?

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