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

Mr. Sebastian Barnes:

There are two ways of tackling it. Mr. Coffey referenced overall demand in the economy and fiscal policy in terms of reducing spend in particular areas and increasing taxes in others. The Deputy is right that things also can be done on the supply side. The measures he mentioned to bring people back into the labour, such as training and childcare in order to help women join the labour force, are supportive policies as well and they must be built into the overall package.

It needs to be tackled on both sides of the equation.

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