Oireachtas Joint and Select Committees
Thursday, 1 October 2020
Committee on Budgetary Oversight
Pre-budget Engagement: Minister for Finance
Neasa 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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