Oireachtas Joint and Select Committees

Tuesday, 7 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Budget 2015: Department of Finance

4:15 pm

Mr. Shane Enright:

To get into the specifics, there is the eligible liabilities guarantee scheme which is the banks paying the Government for a service. This reduces Government consumption. Again, this is the statistical treatment. As that scheme expires - it is due to expire completely between 2011 and 2015 - that also has an affect on Government consumption in terms of pushing it up slightly.