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

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I am saying the reverse. I am putting the case that if an agreement is made and that agreement is subject to a review every two or three years, that provides a huge degree of uncertainty. There is a public consultation process under way and we value our low corporation tax rate. It is one of the pillars of our economic model. Whatever agreement arises out of this, the Minister anticipates that it will be a medium to long-term agreement. Is that correct?

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