Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed): Irish Fiscal Advisory Council and Nevin Economic Research Institute

Photo of Barry CowenBarry Cowen (Laois-Offaly, Fianna Fail) | Oireachtas source

We came through and responded relatively well to the pandemic, to Brexit and to the war. The transitionary revenues assisted in that. There is no point in denying it, but there is recognition that we cannot allow that to become part of the core. There is a realisation, thankfully, on the part of all parties and none, that the vehicle for saving and reinvesting based on its success is the model. Now that we are heading into a low-carbon economy, an ageing demographic and quite big changes for the economy to deal with against the backdrop of possible global slowdown - Dr. Tom McDonnell mentioned China and others - is now an opportune time for that model, or at least its potential, to be debated?

Comments

No comments

Log in or join to post a public comment.