Oireachtas Joint and Select Committees
Wednesday, 11 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor John FitzGerald:
We would have had technical comments. I could not find the file on what the Department said on that particular medium term review. I do not remember much kick back from it. In terms of doing a medium term review, we produce a draft set of numbers and send it to a large number of people, not just to the Department of Finance and the Central Bank but to other organisations to get feedback. We then get feedback and revise our numbers. When we talk to IDA Ireland and it says it has a real problem bringing in firms that should colour what we do. We would have discussed it in advance but I cannot remember a particular kick back from the Department of Finance on that one.