Oireachtas Joint and Select Committees

Tuesday, 12 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform

2:30 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The first country specific recommendation includes a reference to using windfall gains to accelerate the reduction of the general government debt ratio. Could the Minister give his view on Ireland's current general government debt ratio? What is the appropriate measure of it? Does he believe it to be on a sustainable path? Apart from improvements in our annual budgetary position, does the Minister have plans to offset further windfall gains to reduce the general government debt at this point?

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