Oireachtas Joint and Select Committees

Wednesday, 26 June 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Ministers and Secretaries (Amendment) Bill 2012: Committee Stage

2:40 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

We are presenting now a multi-annual budget twice a year. We are giving the horizon in April and then just before the budget itself, pre-October, we will present the multi-annual framework for the next three years. This is a twice-annual reporting. By and large, that should, with fiscal discipline and more settled times, be a horizon that is replicated in the next horizon with some sense of certainty. It is only where things will alter in some sort of changed circumstances or a significant change in policy which alter the horizons that have been set.

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