Oireachtas Joint and Select Committees
Tuesday, 12 June 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform
2:30 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
My intention has always been that the rainy day fund would be for use in exceptional circumstances. By an exceptional circumstance I mean, for example, an external shock hitting the economy. If we are facing a more normal economic difficulty, the automatic stabilisers within the economy and an improved budgetary position should allow the Government of the day to spend more.
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