Kevin Humphreys (Dublin South East, Labour)
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Where does the Irish Fiscal Advisory Council see the level of domestic savings in the economy? Is it too high or is it about right? This ties in with what Dr. Donal Donovan was saying about the lack of confidence in the economy. When there is a lack of confidence, the savings rate is too high and when there is more confidence, the savings rate is lower. It is an important indicator of what will happen with the domestic economy and the retail sector.