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

2:15 pm

Mr. John A. Moran:

Our position is that we believe we should adhere to the targets that have been set. We have had long discussions about that matter. To the extent that there is downward growth, there is subsequent downward pressure on revenues and it is necessary to adjust accordingly.