Budgetary Oversight Committee to meet with the Irish Fiscal Advisory Council

The Committee on Budgetary Oversight will tomorrow meet with the Irish Fiscal Advisory Council (IFAC) to consider their recently launched Pre-Budget Statement. The delegation will be led by IFAC Chairman, Professor John McHale, and will include Council members Seamus Coffey and Michael Tutty as well as Chief Economist, Dr. Thomas Conefrey.

The meeting will commence public session at 2.00pm in Committee Room 3, Tuesday 13 September 2016.

Committee Chairman, John Paul Phelan TD, said “The pre-budget statement from IFAC, launched this month, gives an expert opinion on the factors which should be considered in advance of Budget 2017. As a Committee we welcome the opportunity to meet with Professor McHale and his team to discuss the findings in the statement - such as the impact of Brexit, the sustainability of corporation tax receipts and the importance of the continued reduction of government debt.”

“The Fiscal Council act as the independent body responsible for assessing Government performance in meeting its own stated budgetary targets and objectives and so tomorrows debate will assist greatly in our examination of Budget 2017 and subsequent report to Government.”

Committee proceedings can be viewed live here.

The meeting will be broadcast live on Oireachtas TV; Saorview Channel 22; Virgin Media Channel 207; Sky Channel 574; eir Vision Channel 504 and Vodafone Channel 201.

Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.

Ends