Oireachtas Joint and Select Committees

Wednesday, 17 April 2024

Committee on Budgetary Oversight

Report on Indexation of the Taxation and Social Protection System: Discussion

Mr. Ciar?n Nugent:

On a European level, the social exclusion and deprivation, SED, indicator is a wider indicator of poverty. In Ireland that is currently 20% which equates to one million people. Measuring on that started in 2014. It was then 25%. In that interval 250,000 people have been lifted out while at the same time we have added 800,000 jobs. We are going backwards in a period where many indicators suggest we are not going backwards. The employment numbers are great, of course, but-----

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