Oireachtas Joint and Select Committees

Wednesday, 26 January 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The vast majority of it has been very well spent. As to whether any detailed evaluation of the use of that funding and the operation of the scheme occurred, I do not believe it has yet, or not in a substantial way. Obviously, the scheme is scheme is still functioning. We are about to commence the exit strategy from that scheme. I anticipate that in the months and years ahead a large amount of research, analysis and inquiry will be done into the operation of the scheme. We should learn from what worked well and what did not in case, God forbid, we ever need to do something like that again. In addition, it involved countless billions of taxpayers' money. That alone merits and requires an overview of its use across that period.

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