Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I shall now turn to budgetary policy. We are still five months out from the budget but if there is fiscal space of more than €3 billion - and this is not yet certain - would it be prudent to use all of that or does the Governor think there should be a scaling back of expectations and a more cautious approach to the budget?

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