21 Jun 2016, 16.25
The Select Committee on Arrangements for Budgetary Scrutiny will meet with representatives from the Economic and Social Research Institute, the Fiscal Council of Ireland and the Office of Budget Responsibility in the UK tomorrow, Wednesday 22nd June 2016.
This meeting with the Economic and Social Research Institute (ESRI) will take place in Committee Room 3, Leinster House at 10am tomorrow, Wednesday, 22nd June, while the meeting with the Fiscal Council of Ireland will take place at 11am in Committee Room 3. At 12 noon the Committee will hear from Robert Chote, Chairman of the Office of Budget Responsibility in the UK.
Appearing before the Committee are:
Economic and Social Research Institute
• Professor Alan Barrett, Director
Fiscal Council of Ireland
• Professor John McHale, Chair of the Council
• Michael Tutty, Council Member
• Seamus Coffey, Council Member
Office of Budget responsibility in the UK
• Robert Chote, Chairman of the Office of Budget Responsibility in the UK
Chair of the Committee, John Paul Phelan TD said: “As part of our work in examining ways in which the Houses of the Oireachtas and its Committees can engage in the budgetary process so as to exercise influence and achieve accountability, the Committee will hear from representatives from the ESRI and the Fiscal Council. The ESRI is Ireland’s independent source of evidence for policy, while the the Irish Fiscal Advisory Council is an independent statutory body whose purpose is to provide an independent assessment of official budgetary forecasts and proposed fiscal policy objectives. Tomorrow we will get both organisations’ perspectives on the manner in which the Oireachtas exercises oversight on budgetary matters, the roles of the Budget oversight and sectoral committees in the budget cycle and on proposed reforms to the Budgetary process. We are also meeting Robert Chote, Chairman of the Office of Budget Responsibility in the House of Commons who will outline the role of his Office especially in the context of costing budget proposals. His contribution is directly relevant to recommendations the Committee will make in respect of the Independent Parliamentary Budget Office.”
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