Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Committee on Budgetary Oversight

Pre-Budget Engagement: Minister for Public Expenditure and Reform

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

We may have touched on this before, but in our private session with IFAC, we looked at the medium to long term and we discussed the 5% deficit target. We also discussed how countries such as France are looking at a deficit of around 7%. IFAC felt that many of the independent financial advisory groups in other countries were looking at around 8%. In that context, is Ireland pitching its deficit at the right level? Is Brexit the reason for that?

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