Oireachtas Joint and Select Committees

Wednesday, 5 December 2018

Committee on Budgetary Oversight

Fiscal Assessment Report November 2018: Irish Fiscal Advisory Council

2:00 pm

Photo of Colm BrophyColm Brophy (Dublin South West, Fine Gael) | Oireachtas source

Before we begin, I remind the members and witnesses to turn off their mobile phones because the interference by phones affects the sound quality and transmission of the meeting.

I welcome Mr. Seamus Coffey to the committee. He is accompanied by his fellow council members, Mr. Sebastian Barnes, Ms Martina Lawless, Mr. Michael Tutty and Mr. Eddie Casey. We are meeting with the Irish Fiscal Advisory Council, IFAC, to discuss its November fiscal assessment report. It raises a number of concerns with the Government budgetary policy. The Committee on Budgetary Oversight will engage with the council to tease out these issues. As always, we acknowledge IFAC's engagement with the committee. As the witnesses will know, IFAC is a regular and frequent visitor to the committee, and we appreciate it accommodating us in its schedule. From the Committee on Budgetary Oversight's perspective, we wish to identify certain strategic issues that we will be able to raise with the Minister for Finance and Public Expenditure and Reform to improve the framework for parliamentary scrutiny of the budget.

By virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of the evidence they are to give to the joint committee. If, however, they are directed by it to cease giving evidence on a particular matter and continue to so do, they are entitled thereafter only to qualified privilege in respect of their evidence. They are directed that only evidence connected with the subject matter of these proceedings is to be given and are asked to respect the parliamentary practice to the effect that, where possible, they should not criticise or make charges against any person, persons or entity by name or in such a way as to make him, her or it identifiable.

Members are reminded of the long-standing parliamentary practice to the effect that they should not comment on, criticise or make charges against a person outside the Houses or an official either by name or in such a way as to make him or her identifiable.

I invite Mr. Coffey to make his opening statement.

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