Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source

The Committee on Budgetary Oversight has been discussing with the Governor of the Central Bank and the Economic Statistics Review Group the new concept of GDI, an attempt to measure many variables and engage in supplementary analysis in regard to GDP. Given what happened in 2015, are we not left in quite a vulnerable position? Our basic contribution this year is approaching €2.5 billion. This is a considerable amount of funding that we must provide. With regard to the revision of our statistics in 2015, are we considering very deeply the consistent impacts on the reduced EU budget given the exit of the United Kingdom?

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