Oireachtas Joint and Select Committees

Wednesday, 5 April 2017

Committee on Budgetary Oversight

Engagement on Overall Fiscal Position: Discussion

2:00 pm

Mr. Derek Moran:

An expert group was established to look behind the GDP numbers so that we could give an insight into a more stable set of aggregates. The report, and Mr. McCarthy was a member of the expert group, suggested that a new measure called GNI was more representative. It will not be published until the autumn.