Oireachtas Joint and Select Committees

Tuesday, 17 September 2019

Committee on Budgetary Oversight

Pre-Budget Scrutiny: Minister for Finance

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Yes. There was €1.5 billion to go in at the end of the year and €500 million from next year's budget. Would it not be wise, given the political and economic likelihood of a no-deal Brexit, not to lodge that money with a fund when there is at best a question mark over our ability to use it for that, and create a fund instead that could be left in the surplus but that could be drawn down when and if it is needed to deal with sectors and regions in response to a no-deal Brexit?

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