Oireachtas Joint and Select Committees

Tuesday, 17 September 2019

Committee on Budgetary Oversight

Pre-Budget Scrutiny: Minister for Finance

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

I will have to work on that issue because one of the other points the IFAC has made is that supports need to be temporary, targeted and timely. We need to be very careful when we say potential supports are available and then grant them, even though a no-deal Brexit does not happen. That would create a considerable and significant deterioration in the national finances. I have not made a decision on that matter. It is fair to say most of the resources that might be available would be for how we deal with a no-deal Brexit because I am well aware of the impact it would have on the communities to which the Deputy refers.

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