Oireachtas Joint and Select Committees
Wednesday, 18 June 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Minister for Finance
4:55 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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This is my last point. The Minister told us that the rule of thumb is that for every 1% increase in GDP, there is an adjustment of about €800 million that one does not need to make in terms of the deficit.