Oireachtas Joint and Select Committees
Tuesday, 8 October 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Macroeconomic Forecasting: Discussion with Department of Finance
7:10 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Okay. The witnesses have provided pages and pages of graphs, which are interesting, but they have not provided table 8 in the SPU from the previous April or the updated projections on the fiscal side.
That is something that could be provided, based on static conditions, the assumption being the would be a €3.1 adjustment which we now know is not going to happen. On the basis of that assumption, it is possible to work through the numbers. The model is there and Mr. McCarthy could tell us what it would mean in terms of a deficit next year if was proceeded with.