Oireachtas Joint and Select Committees

Wednesday, 11 May 2022

Committee on Budgetary Oversight

Recent Cost-of-Living Measures: Discussion

Mr. John Kinnane:

The marginal changes get all the attention. However, there is the matter of what is happening the bulk of the spend and through the equality budgeting work. Also, a well-being framework has now been published and we have a set of indicators. We are examining how we can utilise this framework, which will take some time - it took New Zealand, which was well advanced with regard to well-being, some time to do so - to set out how budgetary decisions are impacting on well-being. It will develop over time but considerable work is ongoing, particularly when we consider performance budgeting and how we can better utilise it and integrate it with the well-being framework to provide better information that can inform budgetary decisions.

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