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
Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source
I welcome Mr. Coffey and the delegation. In terms of risks and our net debt ratio we seem to be moving up the table. We have almost moved out of the relegation zone if we compare it with Premier League football. Is the Irish Fiscal Advisory Council happier with the overall debt risk situation? It is still very large but net debt seems to be reasonably under control. We have the rainy day fund, which I understand from the Minister is also a net figure. Is it an overarching risk for the future that we should be much happier with?
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