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

8:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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The witnesses said that they are basing their contribution on the adjustment figure of €3.1 billion originally set out for this year and they cannot tell us what adjustment would be required to meet the deficit. Can the witnesses say anything about the primary surplus or are they barred from answering that? What adjustment would be needed for us to achieve the primary surplus next year, which is an important benchmark?