Fiscal Assessment Report, June 2014 assesses the macroeconomic and budgetary projections set out by the Government in the 2014 Stability Programme Update and the appropriateness of the fiscal stance over the period to 2018.
Fiscal Assessment Report, June 2014 (full report)
By section:
- Summary Assessment
- Assessment of the Fiscal Stance
- Endorsement and Assessment of Macroeconomic Forecasts
- Assessment of Budgetary Forecasts
- Assessment of Compliance with Fiscal Rules
Analytical Notes:
- Note 1: House Price Risks
- Note 2: Sensitivity Analysis of the Department of Finance Approach to Potential Output Estimation under the EC Methodology
- Note 3: Tax Forecasting Error Decomposition
- Note 4: DIRT Forecast Methodology
- Note 5: Future Implications of the Debt Rule
Boxes:
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Box A: Sectoral Productivity and Changes in the Composition of Employment
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Box A: Productivity Calculations
- Box B: A Closer Look at General Government Deficit Forecast Errors.
- Box B: GGB Decomposition
- Box C: Revisions to Structural Balance Estimates for 2013
Annexes:
- Annex A: Detailed Macroeconomic Forecasts
- Annex B: Timeline for the Endorsement of SPU 2014 Projections
- Annex C: Budgetary Forecasts of Other Agencies