Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

Committee on Budgetary Oversight

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

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

It is correct to say that it is a high-level estimate. We are approaching 50,000 people and we are only at the midpoint of September. It is difficult to know what direction the war will take and what impact that will have on international migration from Ukraine. It is prudent to have a good provision there. I am signalling that it is likely we will be in a position to reallocate, probably more to Covid-related expenditure with some reduction in the Ukraine-related expenditure. We are doing an ongoing assessment of that, in particular with the Department of Children, Equality, Disability, Integration and Youth, which is doing a lot of the heavy lifting in relation to accommodation.

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