Oireachtas Joint and Select Committees
Tuesday, 7 July 2020
Special Committee on Covid-19 Response
Impact of Covid-19: Overall Fiscal and Monetary Position
Mr. Gabriel Makhlouf:
I will invite Mr. Cassidy to come in on this point but the general response to the Deputy's question relates to the uncertainty to which I referred earlier, the need for people to make decisions in very uncertain times, and the difficulty in doing so. These factors cloud a lot of what is going on right now. Policy must focus on supporting decision-making in uncertain times in ways that do not damage the productive capacity of the economy.
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