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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The international situation has changed. To base arguments on the value of exports is to base it on something that can move around depending on demand in our international trading partners, the exchange rate with the US or the UK as the dollar or sterling goes up or down, and price adjustments. I said in my introductory remarks that exports have decreased this year and I have given reasons for it, but it has nothing to do with the domestic economy. How Deputy Doherty thinks that stimulating the domestic economy would improve exports I do not know.