Oireachtas Joint and Select Committees

Wednesday, 26 October 2022

Committee on Budgetary Oversight

Post-budget 2023 Examination: Discussion (Resumed)

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

I will stay on that topic in my questions to the Department of Finance. I know Mr. McGann said he watched the meeting last week and he might be the only person here who did. We talked to Professor Stephen Kinsella about the cost of borrowing and the fact some of our national debt will mature in the next five to seven years. Again, we are in a volatile place, not just in Ireland but throughout the global environment, and our debt servicing costs might change in the medium to long term. What kind of preparation is the Department of Finance making or what research is it doing in terms of any possible increase in that regard?

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