Oireachtas Joint and Select Committees

Wednesday, 7 September 2022

Committee on Budgetary Oversight

Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Is that always the case? Say we do not do as Mr. Barnes suggests and just use the €2.5 billion; say we use €4 billion but it is properly targeted. If you offset the price increases in energy for low-income deciles, you are not creating inflationary pressure.

It is only if you do what the Government did the last time, which was 90% untargeted, that you create inflationary pressure.

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