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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Deputy Mathews-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Every time, Deputy Mathews-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: In future I will give the Deputy even less time to allow for the fact that he does not respect the Chair when he speaks.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: We will now move on to questions from other members.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I am sure they are happy to take the chance that Deputy Mathews will not ramble on too long.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I will allow questions now from Deputies Mathews, Higgins and Kevin Humphreys.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Professor Barrett will be out of here sooner than that. Each speaker has ten minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Deputy Donnelly should conclude.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: No.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: The Deputy has actually had more than 20 minutes, but he can have a couple more.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: You all live very exciting lives.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Did Deputy Higgins indicate that he was sharing a slot?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Before Professor McHale responds, I must ask for the answers to be short and concise because we have run on a little timewise.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I call Deputy Doherty.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I ask members to refrain from interrupting. A little bit is okay but not too much.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I call Mr. Smyth who should be good at accounting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Before I move to Deputy Pearse Doherty perhaps the delegation will say more on the way Europe seems to be a little behind the international economic trend of quantitative easing. The United States, the UK and China are doing it and Japan has launched a huge programme on same. What advice can the council give to the Government if Europe decides to take up what Mr. Barroso is saying or is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: No, to us.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Liam Twomey: I thank the Senator for being clear and concise - I hope everybody can do likewise. I will outline the sequence of speakers so that everybody will understand the running order. It will be Deputies O'Donnell, Pearse Doherty, Spring, Donnelly and Mathews. I ask them all to be as concise as Senator Byrne - not looking at Deputy Mathews in particular.

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