Oireachtas Joint and Select Committees

Thursday, 16 June 2022

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2020

9:30 am

Photo of Verona MurphyVerona Murphy (Wexford, Independent)
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I wish to return to a few points made by Mr. Gunning. Am I correct in my understanding that as Mr. Gunning said, inflation is calculated retrospectively, in that we will not know the rate of inflation calculated for 2022 until 2023?