Oireachtas Joint and Select Committees

Tuesday, 16 June 2020

Special Committee on Covid-19 Response

Covid-19: Impact on the Fiscal Position

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

What would Mr. Barnes say to the argument that this is a very modest stimulus given what the economy needs and given what is happening in other European jurisdictions? The total package in Germany is equivalent to 30% of its GDP. IBEC has argued for a package worth €22 billion. Many others have argued for stimulus packages well in excess of what IFAC has laid out.

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