Oireachtas Joint and Select Committees
Wednesday, 2 February 2022
Committee on Budgetary Oversight
Indexation of Taxation and Social Protection System: Discussion (Resumed)
Dr. Claire Keane:
Practically, it is very difficult to use forecasts because it is necessary to play catch-up constantly. It is a question of whether the forecast, if it is not correct, must be fixed each year. From a purely practical point of view, most countries use a slightly historical index. We are talking about a few months.
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