Pearse Doherty (Donegal, Sinn Fein)
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Cuirim fáilte roimh an IFAC chuig an gcoiste. I will begin with Brexit. Something that has appeared in a number of reports is the fact that the Department of Finance has underestimated the potential impact of a hard Brexit. IFAC also outlines that in this report. The Department estimates a 4% impact on GDP. How much of a divergence does IFAC see in this regard? How much greater could the impact be in view of the fact that IFAC believes the Department of Finance forecast scenario for Brexit is flawed? Would it be fair to say that it is flawed?