Oireachtas Joint and Select Committees

Wednesday, 8 May 2024

Committee on Budgetary Oversight

Stability Programme Update: Discussion

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

We have laid out clear reasons as to why the 5% spending rule needed to be changed or rather, not changed but why the rule is there and why we have been unable to meet it in recent years. We have also demonstrated our intent to try to move back to it. All of this will of course be up for revision when we put together the plan the Minister, Deputy McGrath, referred to a moment ago, when we have to lay out what will be the net expenditure path over the next number of years.

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