Oireachtas Joint and Select Committees

Wednesday, 16 February 2022

Committee on Budgetary Oversight

Indexation of Taxation and Social Protection System: Discussion (Resumed)

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

I have asked the following question to previous speakers on this topic. I am thinking, in particular, of the issue of prospective or retrospective modelling, whether that is prices or wages. Do we currently gather enough data within our system to have a robust calculation of that? Do we believe we do? As a committee, we get lots of reports from all of the Departments. It seems that a huge amount of data is collected, but is it the right type of data and do we have enough data to make those forecasts or models from previous quarters?

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