25 DFómh 2011, 12:31
John Fitzgerald, research professor at the Economic and Social Research Institute, will appear before the Committee on Finance, Public Expenditure and Reform tomorrow, Wednesday, 26th October to discuss the debt dynamic facing the Irish State.
Committee Chairman, Alex White TD said: “Ireland has seen a dramatic increase in government indebtness over the past four years due to the economic recession, the contraction of the economy, the banking collapse and the sharp decline in government revenues. We are now one of the most heavily indebted countries in Europe. Clearly there are no easy solutions or answers to tackling the level of debt faced by this State. As author of the article Irish Government Debt And Implied Debt Dynamics: 2011-2015, Professor John Fitzgerald of the ESRI has examined this issue in depth. Tomorrow, the Committee will have the opportunity to get his insight into the subject and his analysis of the issues facing Ireland with regard to the debt situation. Members of the Committee will also have a chance to question him on his analysis and raise any issues or concerns of their own with regard to the debt dynamic facing the Irish State.”
This meeting will take place tomorrow, Wednesday, 26th October, in Committee Room 4, Leinster House 2000 at 2pm.
Committee proceedings can be followed live at:
http://www.oireachtas.ie/ViewDoc.asp?fn=/documents/livewebcast/Web-Live.htm&CatID=83&m=o
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee Membership
Deputies
Richard Boyd-Barret, People Before Profit
Thomas P. Broughan, Labour Party
Michael Creed, Fine Gael
Jim Daly, Fine Gael
Pearse Doherty, Sinn Fein
Stephen Donnelly, Independent
Sean Fleming, Fianna Fail
Joe Higgins, Socialist Party
Heather Humphreys, Fine Gael
Kevin Humphreys, Labour Party
Peter Mathews, Fine Gael
Mary Lou McDonald, Sinn Fein
Michael McGrath, Fianna Fail
Olivia Mitchell, Fine Gael
Seán Ó Fearghaíl, Fianna Fail
Jonathan O’Brien, Sinn Fein
Kieran O’Donnell, Fine Gael
Arthur Spring, Labour Party
Billy Timmins, Fine Gael
Liam Twomey, Fine Gael
Alex White, Labour Party
Senators
Sean D Barrett, Independent
Thomas Byrne, Fianna Fail
Michael D’Arcy, Fine Gael
Aideen Hayden, Labour Party
Tom Sheahan, Fine Gael
Katherine Zappone, Independent