Oireachtas Joint and Select Committees
Tuesday, 24 June 2025
Committee on Budgetary Oversight
Annual Progress Report 2025: Discussion
2:00 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
Apologies if I was not clear enough. There were not two publications. There was just one, but that one publication contained two scenarios. There is the baseline of no tariffs and the second, which Deputy Fleming quizzed me on. We considered alternative scenarios too but we hit the question of how many would be enough. We decided to lay out one, regarding what the medium-term outcome could be, with a 10% tariff being something that was applied in the economy over a number of years. When we get closer to doing the budget, we will be able to consider alternative scenarios if things begin to further change.
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