Oireachtas Joint and Select Committees

Thursday, 14 July 2022

Committee on Budgetary Oversight

Summer Economic Statement 2022: Discussion

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

We will be implementing lots of initiatives between now and budget day, for example, the measures announced by the Ministers for Education and Social Protection on back to school and the changes to the SUSI grant across the summer. All of the measures the Government has announced during the year will be implemented across the summer.

The Government has not made any decision yet about what role could be played by the rainy day fund for 2023. I have acknowledged for many years that there is a risk. We were making progress in reducing that risk and got hit by a pandemic. We need to begin that work again but the Government has not considered any recommendation from me about whether we would use such a fund.

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