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

Mr. Derek Moran:

Predicting the future is a zero sum game. Generally speaking, when one has a normalised level of debt, and we do not believe our debt level is normal because it is very high, one will allow the economy to outgrow the debt and the debt burden falls down but we have that per capita burden of about €40,000 for every person in the country. We need to work it out. Where will we be?

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