19 Deputy Bernard J. Durkan asked the Minister for Finance if he is satisfied that the procedures by which he predicts future economic trends are adequate in view of the fact that new and more serious economic issues seem to arise unexpectedly on a weekly basis; if he is further satisfied that the full extent of the current economic situation was foreseeable a year ago; if not, the reason for same; the steps he proposes to take to ensure that future economic forecasts reflect with some degree of accuracy the expected situation arising within a specific period and that, as a result, the necessary budgetary measures can be taken in sufficient time to avert the impact of uncertainty and lack of confidence which affects the economy here; and if he will make a statement on the matter. [12453/09]

Summary

19 Deputy Bernard J. Durkan asked the Minister for Finance if he is satisfied that the procedures by which he predicts future economic trends are adequate in view of the fact that new and more serious economic issues seem to arise unexpectedly on a weekly basis; if he is further satisfied that the full extent of the current economic situation was foreseeable a year ago; if not, the reason for same; the steps he proposes to take to ensure that future economic forecasts reflect with some degree of accuracy the expected situation arising within a specific period and that, as a result, the necessary budgetary measures can be taken in sufficient time to avert the impact of uncertainty and lack of confidence which affects the economy here; and if he will make a statement on the matter. [12453/09]

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Timeline

1. 26 March 2009

   Economic Forecasts.

   19 Deputy Bernard J. Durkan asked the Minister for Finance if he is satisfied that the procedures by which he predicts future economic trends are adequate in view of the fact that new and more serious economic issues seem to arise unexpectedly on a weekly basis; if he is further satisfied that the full extent of the current economic situation was foreseeable a year ago; if not, the reason for same; the steps he proposes to take to ensure that future economic forecasts reflect with some degree of accuracy the expected situation arising within a specific period and that, as a result, the necessary budgetary measures can be taken in sufficient time to avert the impact of uncertainty and lack of confidence which affects the economy here; and if he will make a statement on the matter. [12453/09]

   Source: written

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• Economic Forecasts.

  xml · EN · 26 March 2009

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• Durkan, Bernard J. · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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