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

2:35 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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I do. What advice might the Irish Fiscal Advisory Council give to the Government in terms of renegotiating the cost of servicing the national debt in the next year or two, after we have returned to the markets? We cannot continue to reduce voted expenditure in line Departments without any debate at all on reducing the interest payment on the national debt. Does Professor McHale believe the same level of public interest should be devoted to that topic as we are giving to health service plans, social protection expenditure and so on?