Oireachtas Joint and Select Committees
Wednesday, 22 September 2021
Committee on Budgetary Oversight
Pre-Budget 2022 Scrutiny: Irish Fiscal Advisory Council
Mr. Sebastian Barnes:
It is uncertain, so the distribution of risks has probably not changed that much. One notable aspect is that these tax revenues are coming in very strongly. The overall level is significantly higher than it was a few years ago, especially from the international sector. It might be thought, then, that some of the money coming in may well be money that is at risk. Perhaps, then, some of those risks have increased, but it is hard to tell and the only thing to do is to take a relatively prudent approach to this issue.