Oireachtas Joint and Select Committees
Wednesday, 1 June 2022
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source
I will allow members to come in with other questions. I ask members participating online to raise their hand. We talked a little bit about debt. Can we expand on that? Obviously we are in an especially volatile global situation right now. I notice that some of the language in the council's submission is similar to the language at which we have been looking for two years insofar as it is a good idea to reduce our debt. We have relatively high debt compared to international comparisons. Since I am looking at vaguely similar language, has the situation changed? We are possibly looking at different interest rates and a changed global environment. Should we be considering our national debt differently now?
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