Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council

9:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

In ten years time - not that many of us will be here then - where does Mr. McCarthy see our €203 billion debt if we keep going the way we are going? We have a good fiscal position and are gaining ground the whole time. In ten years time, will we be back to 4% and 5% of GDP? We are going in the right direction. Is that our aim or will we always have it at 10% or 15% of GDP fixed and if we want to bring it down to 10%, we can borrow more and go ahead and spend it? Is that the way life works?

Comments

No comments

Log in or join to post a public comment.