Mr. Derek Moran:

Our view is that it was more of a paper issue. Let us face it, neither the Deputy's income nor my own went up by 26% which is what GDP is supposed to measure in theory. That is why we had a group under the Governor of the Central Bank looking at what would be a better measure of income per capita - I sat on the group - and that is where we came up with GNI*. I do not know if it is in the figures that the Deputy is looking at but they do not go up by anything like those rates.