Oireachtas Joint and Select Committees
Wednesday, 3 July 2019
Committee on Budgetary Oversight
Summer Economic Statement: Minister for Finance
Paschal Donohoe (Dublin Central, Fine Gael)
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I do. This is why we are changing the growth outlook for our economy to indicate that over time it will grow at a rate between 2.5% and 3%, as opposed to the far higher rates of growth we have seen in the recent past. Growth rates between 2.5% and 3%, if sustained over time, would still have the ability to make a hugely positive impact on living standards within our economy and would be above the long-term average rate of growth in Ireland.