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

Chapter 6 of the Budget 2019 - Economic and Fiscal Outlook refers to the paper from late 2016 from which the projection to the effect that, in the event of a disorderly Brexit, the level of Irish output would be approximately 3.25% lower over a five-year period. The document also states that there would be a more immediate, short-term impact as a result of regulatory divergence, sterling depreciation and disruption to trade, consumer spending, investment, competitiveness and the public finances. However, no numbers are provided in this regard. What impact will a no-deal Brexit have on the economy in terms of tax receipts, economic growth and employment in 2019 and 2010? Potentially, we are staring down the barrel of a cliff-edge, no-deal Brexit. Does the Department have those numbers? If so, will they be published?