Pearse Doherty (Donegal South West, Sinn Fein)
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I understand the difficulties that are inherent to long-term forecasts but the IMF has produced long-term forecasts on the structural deficit for the years after 2015. I do not have the figures to hand but it has suggested that the structural deficit in 2016 and 2017 will be considerable.

Could the Minister comment on that? I know it is contrary to other advice and the Minister mentioned the Irish Fiscal Advisory Council.