Oireachtas Joint and Select Committees

Wednesday, 27 February 2019

Committee on Budgetary Oversight

Macroeconomic Analysis and Fiscal Risks: Central Bank of Ireland

Photo of Lisa ChambersLisa Chambers (Mayo, Fianna Fail) | Oireachtas source

I will follow up on the potential decline in growth of up to 4%. When the Minister for Finance, Deputy Paschal Donohoe, appeared before the committee, I asked him if he perceived the need to have a supplementary budget mid-cycle. He was adamant there was no need to do so as there was enough funding available across Departments to deal with whatever might come. That sounds strange given that we do not know what is coming. What is Dr. Cassidy's assessment of that particular position indicated by the Minister for Finance?

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