Oireachtas Joint and Select Committees
Thursday, 5 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
9:30 am
Mr. John Hogan:
If I may take a step back, the overall issue here is that we have now moved into the net contribution position. The Commission estimates the benefit to Ireland for our EU membership of the Single Market is approximately €30 billion, or close to 10% of our GNI. Many sectors of our society continue to benefit directly and indirectly from EU programmes, so we do see a benefit internally. Within the European system, there is oversight of it.
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