Oireachtas Joint and Select Committees

Wednesday, 24 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council

3:30 pm

Dr. Donal Donovan:

I am sure there are many thoughts on this but if one looks at the one measure of the figures Ireland's adjustment has not been particularly front-loaded compared to experiences in other countries and historically. Going from 11% to 7.5% with full respect for what Deputy Doherty and others said, this is tough for many people. One reason for that is that they were at a totally unsustainable level-----