Oireachtas Joint and Select Committees

Thursday, 1 October 2020

Committee on Budgetary Oversight

Pre-budget Engagement: Minister for Finance

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

To sidestep to a different area, on which we have touched a little already, I am aware that the Minister, with his president of the Eurogroup hat on, is committed to no sudden stop and no policy cliff edge regarding the suspension of the normal application of the EU fiscal rules under the Stability and Growth Pact. The Parliamentary Budget Office made a presentation to this committee this week and mentioned in its submission the possibility of Ireland setting its own domestic fiscal rules, or debt limits, while the Stability and Growth Pact is suspended. Could the Minister comment on whether that is a possibility over and above setting a stated target for this year, for example?

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