Oireachtas Joint and Select Committees

Wednesday, 22 September 2021

Committee on Budgetary Oversight

Pre-Budget 2022 Scrutiny: Irish Fiscal Advisory Council

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

That would be a useful evolution of the role of IFAC and important from a broad public policy perspective. In his opening statement, Mr. Barnes stated that to "To assess the risks, more information is needed on the Government’s investment plans and the underlying economic assumptions, particularly in relation to the new national development plan". We expect the revised national development plan, NDP, will be published in the weeks to come. Will Mr. Barnes elaborate on the type of information IFAC needs to allow it to assess the impact of the NDP from a fiscal perspective? Will IFAC be publishing an assessment of the NDP from a fiscal perspective? I ask that question given the significance of the scale of resources that will be deployed over the duration of this ten-year plan. Is that IFAC's intention?

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