Oireachtas Joint and Select Committees

Thursday, 17 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion (Resumed)

10:50 am

Ms Cliona Loughnane:

Exactly. We would not advocate ring-fencing all of the money because we know the Department of Finance is not in favour of doing so. However, there is a case to be made for increasing the cost on one hand and reducing it on the other. We suggest, therefore, that part of the revenue which would accrue should be ring-fenced.