Oireachtas Joint and Select Committees

Tuesday, 4 October 2016

Committee on Budgetary Oversight

Forecasts for Budget 2017: Department of Finance

11:00 am

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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Mr. McCarthy noted that the GDP figures are somewhat distorted. This has a brass tacks effect in terms of what we pay into the European Union. Growth in GDP results in an overpayment. Has the overpayment been calculated?