Oireachtas Joint and Select Committees

Thursday, 30 May 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council

9:00 am

Mr. Derek Moran:

It is likely that the 0.4% deterioration associated with the automatic stabilisers - the tax take falling away and social spending going up - would be front-loaded. It would have a bigger impact in 2020 and it would ease off somewhat in 2021. We are doing these sorts of exercises at the moment to prepare for the autumn.