Oireachtas Joint and Select Committees

Thursday, 19 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Statement of Strategy 2017: Department of Finance

10:00 am

Mr. John McCarthy:

In the first instance it would come from people in the trade channels the exporting sectors, primarily the SME sector. That reduces consumption in the economy and it would have an impact on domestic demand, leading to downstream effects.