103. Deputy Pearse Doherty asked the Minister for Finance the impact on growth projections and fiscal space projections if his Department's current technical assumption for the euro-sterling exchange rate of €0.81 for 2016 and €0.85 for each of the years 2017 to 2021 is revised in view of the fact that the rate of exchange is currently above €0.90 and it appears that this current exchange rate is a structural change for the coming years as opposed to a cyclical fluctuation; and if he will make a statement on the matter. [31432/16]

Summary

103. Deputy Pearse Doherty asked the Minister for Finance the impact on growth projections and fiscal space projections if his Department's current technical assumption for the euro-sterling exchange rate of €0.81 for 2016 and €0.85 for each of the years 2017 to 2021 is revised in view of the fact that the rate of exchange is currently above €0.90 and it appears that this current exchange rate is a structural change for the coming years as opposed to a cyclical fluctuation; and if he will make a statement on the matter. [31432/16]

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• Fiscal Policy

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