Oireachtas Joint and Select Committees

Thursday, 5 December 2019

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2018

9:00 am

Mr. Fred Barry:

If we had to bet money on it, we would take it as about 7% running through but a lot depends on how much the State is going to spend in the period. There will be changes in the economy, and Government spending is going to change. Private sector spending is going to change. That can move up or down. This goes back to debates I have had with various representatives. When we look forward and ask what the level of inflation is going to be in the sector in a couple of years, we look at what the CSO and all the forecasters state but there is no absolute consensus.

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