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

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Yes. It will be welcome and significant but we will wait for the CSO to come out with the figure. It will be of benefit. If the figure of 4.8% was to go down to 4.7% as a result of technical adjustment, the other rule of thumb I use is that every decimal point - every 0.1 - is about €170 million of an adjustment.