Oireachtas Joint and Select Committees

Tuesday, 9 February 2021

Committee on Budgetary Oversight

Framework for Parliamentary Engagement Throughout the Budgetary Cycle: Discussion

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Two minutes still remaining - that could be a lifetime. Will either Minister confirm if we are talking in terms of a revised Stability and Growth Pact for Europe and compliance with it or are we thinking about something different? Given that we have not fully recovered yet from the economic crash and on top of that we have the effects and cost of Brexit and the effects and cost of the pandemic, we could find ourselves on a bad day feeling we had to recover all that ground in one short sharp phase. To my mind, that could be difficult. It could create further difficulties and a burden for the economy that would be counter to what the economy needs, which is growth. Is it not a fact that growth is the essential part of what we have to rely on in the future, which will result in greater employment, investment and confidence?

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