8 Márta 2021, 15:25
The Committee on Budgetary Oversight will begin its pre-Stability Programme Update engagement when it meets with representatives of the Economic and Social Research Institute (ESRI) in Leinster House tomorrow, Tuesday 9 March at 3.30pm.
Professor Kieran McQuinn and Karina Doorley from the ESRI will appear before the Committee of TDs and Senators. The Committee intends to publish a pre-SPU report into issues addressed in the SPU.
Speaking before the meeting, Committee Chair Neasa Hourigan TD said: “The Committee intends to publish a pre-Stability Programme Update report which will focus on areas such as assumptions underpinning economic forecasts, particularly with respect to Covid-19 and possible fiscal objectives over the medium term.
“The Committee welcomes this engagement with the ESRI , as part of that process, to hear about the impact of ongoing restrictions and the impact on previous economic assumptions; the cost of Covid-19 related unemployment and the shorter-term fiscal pressures tied to support payments and the decision on how long to continue policies such as the Pandemic Unemployment Payment and Employment Wage Subsidy Scheme.”
Watch the meeting in Committee Room 2 live.