Oireachtas Joint and Select Committees

Wednesday, 5 April 2017

Committee on Budgetary Oversight

Engagement on Overall Fiscal Position: Discussion

2:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The commission of investigation will be established. There is an agreement in principle. The leaders of the political parties will be meeting with the Taoiseach in the next couple of days to agree a terms of reference. As the Minister said yesterday, the Department of Finance is likely to be subject to the terms of reference. The commission and the Department will each do their own work. It is a serious issue when a commission of investigation is set up and it could potentially draw quite a large amount of resources from the Department. How is the Department prepared in terms of resource allocation to deal with the commission of investigation and the budgetary issues we are dealing with, and also the Brexit issues that were mentioned, along with the other unknowns that exist. Are the witnesses comfortable that they will be able to deal with it and that there will be no issues in respect of resources within the Department of Finance?

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