Oireachtas Joint and Select Committees
Tuesday, 4 October 2016
Committee on Budgetary Oversight
Forecasts for Budget 2017: Department of Finance
11:00 am
Mr. John McCarthy:
It depends on the timeframe used. Let me put it this way. While I cannot provide exact figures, a figure of 20% in the period since the 1970s would not be out of the ballpark. However, one needs to take into account the growth in the multinational sector in this period, especially during the 1990s and 2000s.