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)
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Yes. I will just restate that we are not relying on any particular sum of revenue from any EU initiatives that we are baking into our budgetary position. The revenues that will be derived from its final decisions as applied to Ireland can be given back to people in a number of different ways. It could be directly through network charges, for example, or it could come back by way of payments whereby Government might decide to use that revenue and administer it back to energy users.
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