Oireachtas Joint and Select Committees
Wednesday, 7 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Statement of Strategy 2011-2014: Discussion with Department of Finance
3:15 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Is it not the case that the growth forecasts are radically wrong? We have gone from 3% down to whatever the figure will be, although it is likely to be under 2% and may be under 1%, in forecasting growth next year. In one year we have gone from the forecast of 3% to this. How did the Department get it so wrong?