Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Committee on Budgetary Oversight

Pre-Budget Engagement: Minister for Public Expenditure and Reform

Photo of Seán CanneySeán Canney (Galway East, Independent) | Oireachtas source

I am delighted the Minister could afford the time to come here to engage with us. The plans we have in place now are plans for 2021. We do not seem to have a medium-term plan. We do not appear to have done any calibration of the different scenarios over the next four to five years. That is a concern which I hope the Minister will address. It might be crystal ball gazing but we need to see what the different scenarios would look like in order that we can have a contingency in place. The Minister mentioned a recovery fund. I presume that is an amount of money to create a fund for recovery. I ask the Minister to comment on the absence of a medium-term or two, three or four year projection which would be very important if we are to plan for every scenario, as we have done in the case of Brexit?

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