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 am well aware of the impact the rising cost of insurance is having on smaller companies in Ireland in particular. I well understand the issue raised by the Deputy regarding the leisure sector given the profile that was received before the summer. The Deputy knows as well as I do that I cannot comment now on any budget day decisions on any sector. I will observe that any response by myself or the Minister of State, Deputy D'Arcy, to that sector overall cannot be characterised as sitting on our hands. A huge effort is ongoing to deal with rising motor premiums and rising insurance premiums here. Most of the response back to this rests in policy rather than budgetary policy. The Minister of State, Deputy D'Arcy, and I are working closely on that.

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