Oireachtas Joint and Select Committees

Tuesday, 5 November 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2019: Committee Stage

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

The Minister should also quote the conclusion of that report, which clearly states: "This suggests that the scheme did not fulfil its original aims in an efficient manner as the scheme supported a significant number of transactions that would have taken place without the scheme." That is the conclusion of the PBO. We can all read selectively if we want and while I do not dispute what the Minister said, I have also read other sections that state that there is a risk of inflationary pressures. We could argue about such issues for forever and a day, but this scheme has not fulfilled its objective and I am, therefore, pressing this to a vote.

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