Dáil debates
Thursday, 26 September 2019
Ceisteanna Eile - Other Questions
Irish Fiscal Advisory Council Reports
11:25 am
Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source
The ESRI report published yesterday points to the danger of recession in the event of any kind of disorderly Brexit. This seems incongruous with IFAC's report. I still support the council's criticism of the Minister's medium-term management of the economy. It was vociferous in that regard last year. We see factors such as the delivery of housing, where we still do not have one quarter of the output we had in the period from 2003 to 2008; the allied horrendous problem of homelessness; the astonishing waiting lists for healthcare, where up to 1 million of our citizens are waiting; the significant deficits in public transport infrastructure; and the external environment. The Committee on Budgetary Oversight is publishing its report to the Minister and Government today. One of the issues it addresses is the global economic slowdown and the fact that Germany seems to be on the verge of recession and so on. IFAC's views are misplaced in this regard.
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