Dáil debates
Tuesday, 22 May 2012
Economic Management Council
4:00 pm
Enda Kenny (Mayo, Fine Gael)
Obviously, growth figures are revised on a regular basis. They are not subject to a single individual criterion or condition. External demand is always an issue and it depends on whether other economies are able to purchase exports from this country. Yes, the figure has been revised down to 0.7% for this year and to 2% for next year, which is significantly ahead of both the eurozone and the European Union. The OECD forecasts were published this morning. They project growth of 0.6% for 2012 and a deficit of 8.4%-----
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