Oireachtas Joint and Select Committees

Wednesday, 19 October 2022

Committee on Budgetary Oversight

Post-budget 2023 Examination: Discussion

Dr. Karina Doorley:

It is definitely kicking the can down the road to next year. Next year, in the run-up to the budget, I guess the hope will be that we will be done with one-off payments, inflation will be either still very high or easing off and we will be in a position to make a decision on permanent changes, certainly to the social welfare system, that will bring social welfare rates into line with inflation. I think, however, that at that point - and I think the Chairman made this point earlier - we will need to make decisions as to how we will fund that. If we increase social welfare in line with inflation next year to compensate for everything that has gone on over the past few years, there will be issues with how we pay for that. We definitely do not want to do what our neighbours did a couple of weeks ago and announce massive increases in spending-----

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