Oireachtas Joint and Select Committees
Thursday, 15 July 2021
Committee on Budgetary Oversight
Summer Economic Statement: Minister for Finance and Minister for Public Expenditure and Reform
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I thank the Deputy very much. When I published the stability programme update, I made very clear it was published on a no policy change basis. Nothing has changed from a process point of view. On a number of occasions, in Oireachtas appearances and in the media, I made it clear I expected our borrowing requirement to increase. In conjunction with the Minister, Deputy McGrath, we have formed a view regarding the level of resources needed to meet current capital needs and have completed the process the stability programme update began.
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