Oireachtas Joint and Select Committees

Tuesday, 30 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Stability Programme Update: Discussion with Minister for Finance

6:15 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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To return to Deputy Pearse Doherty's previous point, the Irish Fiscal Advisory Council recommends the full implementation of a correction of €5.1 billion, so there is no change of position in what it advises us to do. On the employment figure, it goes back to Deputy Michael McGrath's point. We are making a distinction between targets and forecasts, and what we have in here is a series of forecasts based on what is happening at present. An enormous amount of work is going on across Departments, particularly in Deputy Bruton's Department of Jobs, Enterprise and Innovation.