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
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
What we can agree on, whatever about its relevance, is it is unreliable. Mr. John McCarthy used the word "outlier" in the context of debt. We have a bizarre scenario where our debt-to-GDP ratio is being used to implement the fiscal rules. That is peculiar given it is an unreliable measurement. Are many other member states in a position where GDP is a difficulty?
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