Oireachtas Joint and Select Committees
Tuesday, 16 June 2020
Special Committee on Covid-19 Response
Covid-19: Impact on the Fiscal Position
Duncan Smith (Dublin Fingal, Labour)
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The Irish Fiscal Advisory Council was set up as a reaction to the previous economic collapse. In this session and any other sessions, I am mindful of comparing the coming economic pain and collapse with what happened previously. What level of engagement has taken place between the Government and IFAC since the pandemic hit in early March? Has there been an increase in meetings, engagements or anything like that? I would expect that there would be such an increase given that we have an emergency team for the health element of this crisis which meets very regularly. What level of advice has been sought from the council and has there been an increase in its engagement with Government since this pandemic hit?