Seán Canney (Galway East, Independent)
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I thank our guests for coming in today. From a lay person's point of view, we are talking about economies, budgets and five-year plans but a five-year plan is not worth the paper it is written on in the context of what happened in Ukraine or of Covid, for example. Basically, such plans are for an ideal world, if everything was right. When we have a spike in inflation, all kinds of reactions have to be taken to try to curb it. How do our guests see their role in that type of situation? We can all look at projections, at what might happen and at how close that is to somebody else's opinion but how does one advise governments and Ministers for finance when they are in that situation and have to make the adjustments that are required to deal with whatever has been thrown at them?