Oireachtas Joint and Select Committees
Wednesday, 3 July 2019
Committee on Budgetary Oversight
Summer Economic Statement: Minister for Finance
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
In respect of his point about the Christmas bonus, for this year it will be handled in the way it has been handled for previous years. In respect of the point he made about tax reductions, the commitment that was made on tax reductions was for a number of years. As the summer economic statement indicates, in the context of an orderly Brexit, for the five-year period between 2020 and 2024, there is over €8 billion of unallocated resources on which decisions need to be made. As I indicated, in the context of a disorderly Brexit, if we find ourselves having to manage that risk, other decisions will then need to be taken.
No comments