Oireachtas Joint and Select Committees

Tuesday, 1 July 2025

Committee on Budgetary Oversight

Fiscal Assessment Report: Engagement with the Irish Fiscal Advisory Council

2:00 am

Photo of Edward TimminsEdward Timmins (Wicklow, Fine Gael)
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Mr. Coffey referred to GDP. We all know GDP, leprechaun economics, call them what you like. In fairness, the Minister for Finance has based a lot of his figures on what he calls modified domestic demand. I know this is not GNI* but to make that comment, the finance Minister does recognise the limitations of GDP.