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

The €5 billion figure comes from the summer economic statement which shows a range of 0.5% to 1.5%. I am using the figures the Minister presented in the summer economic statement which show there is the potential for a deficit of €5 billion in year one. The question for the Committee on Budgetary Oversight is about the amount. I do not expect the Minister to answer to the nearest euro or cent, but are we talking about an amount in the hundreds of millions or billions for the temporary measures that would be needed to address a no-deal scenario?

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