Oireachtas Joint and Select Committees

Wednesday, 3 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Examination of EU Fiscal Rules: TASC

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I ask Dr. Sweeney to address the new rule that is being proposed, namely, the minimum fiscal adjustment of 0.5% of GDP if debt is above 60% of GDP. Does that fiscal adjustment of 0.5% of GDP relate to debt reduction or deficit?

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