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

2:45 pm

Dr. Donal Donovan:

In its previous report, the council endorsed the concept of a precautionary credit line. We all felt it was a good idea at the time. In our most recent report, we indicated that we thought it was a good idea. As stated earlier, we still think it would have been a good idea.