Oireachtas Joint and Select Committees

Thursday, 5 December 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report November 2013: Discussion with Irish Fiscal Advisory Council

3:15 pm

Dr. Róisín O'Sullivan:

On the issue of changing from a one in three to a one in two risk, that was purely a technical exercise based on the change in the size of the consolidation in the budget. That is what changed the risk around the central forecast. Really, it was not related at all and did not take into consideration the kinds of matters of which Deputy Creed spoke.