Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Committee on Budgetary Oversight

Local Property Tax Review: Discussion

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

No. The Deputy said that I had breached Government ceilings on a number of occasions. I am just stating what I have done.

Third, to address the point regarding Brexit, in the stability programme update, SPU, we called out what would be the effect on our economy of a hard Brexit taking place. That was published in April. It is highlighted in a box in the SPU. However, the Deputy's point is important in that we must acknowledge that circumstances are changing before our eyes at the moment. What may have been the case earlier in the year is now changing before us. When I get to prepare the summer economic statement, I intend to continue to outline the different scenarios we might have to deal with later in the year when it becomes clearer to us what the form of Brexit will be. While the SPU acknowledges the Brexit risk I will be spelling that out in more detail when I get to prepare the summer economic statement.

On IFAC's views on Project Ireland 2040 and the national development plan, I believe it will be possible over a number of budgets to meet the higher commitments we will have for broadband and the national children’s hospital but I would make the point that the national children’s hospital, in particular, has additional costs that need to be paid for across the next three years and then we will have paid for the hospital and it will be in place.

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