Oireachtas Joint and Select Committees

Tuesday, 23 March 2021

Committee on Budgetary Oversight

Pre-Stability Programme Update: Discussion

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

Fáilte chuig an gcoiste. I have a couple of questions. Some of the issues I want to raise have already been touched on. I want to explore the supports and how long the Central Bank believes they will last. Looking at the economic letter that Mr. Hickey was part of drafting, page 3 states that the spending on temporary Covid supports, such as the EWSS, is likely to reduce in the coming years.

Can I take that as an indication that the Central Bank believes this type of support should be continued not only post June, when it is expected to cease, or at least planned at this time to cease, but potentially into 2022?

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