Oireachtas Joint and Select Committees

Thursday, 18 April 2019

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance and for Public Expenditure and Reform

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Deputy Michael McGrath raised this matter with me towards the end of last year. I indicated that when I did the summer economic statement, which we will deal with some months from now, I would provide a five-year framework setting out how we think the economy will perform. That is what I will do. The so-called fiscal space is replete with potential for errors and misunderstandings. However, I will agree with the Opposition parties a way of publishing this that allows everybody to have a benchmark for decisions they might want to make. I appreciate that colleagues will want to be able to form views regarding policies in the future. Incidentally, I am going to try to keep this Dáil going for as long as possible.

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