Oireachtas Joint and Select Committees
Wednesday, 24 September 2025
Committee on Budgetary Oversight
Pre-Budget 2026 Engagement (Resumed)
2:00 am
Paschal Donohoe (Dublin Central, Fine Gael)
I thank the Deputy. I will kick off with one element of the resilience. We aim to run budget surpluses and then deposit those surpluses into the Future Ireland Fund and the climate, nature and restoration fund. Those two funds, by the end of this year, will be somewhere between €15 billion to €16 billion. The Minister, Deputy Chambers, and I aim to add to that in next year's budget as well. That resilience is critical from a public finance point of view. However, the work the Minister is doing on investment in infrastructure, which he has already spoken about this evening, is every bit as much an element of resilience within our economy as running budget surpluses. It is that twin-track approach in this budget and the four budgets afterwards that is going to be how we maintain our resilience in what has become a very volatile world.
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