Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

It is not just for reporting purposes. If it was just for reporting purposes, that would be fine because in a report one can have debt-to-GDP, debt-to-GNI, debt-to-GNI* and so on. That is fine. However, it is not just for reporting; it is for the implementation of rules which have an impact on my job and that of Deputies Catherine Murphy and Catherine Connolly, as legislators, in terms of the fiscal space which is available. It is not just the fiscal space, it is whether or not we meet the mid-term review and the targets that are being set. It has implications for the State implementing fiscal rules which have an impact on our ability to spend and borrow.

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