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

8:10 pm

Mr. Shane Enright:

The 3.1% figure was outlined in the budget prior to the SPU, prior to any promissory note savings. We just carried that through as a technical assumption. We were clear and upfront that this was not a government decision, that it was a pure technical assumption that we continued with the consolidation. As I said at the outset, we do not have a government decision as to whether that is different.