Oireachtas Joint and Select Committees

Wednesday, 26 September 2018

Committee on Budgetary Oversight

Ex-ante Scrutiny of Budget 2019: Minister for Finance

1:30 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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On Brexit, will be as prepared as we can be for dealing with the different developments that may occur next year. As somebody who is involved in the discussions on Brexit, I respectfully take a different view from the Deputy. While we may reach a point at which we will need to articulate what we will do if certain developments arise, it would not be helpful to do so now.

On the VAT rate, I understand the point the Deputy makes very well. It has also been put to me by the Minister for Rural and Community Development, Deputy Michael Ring, the Minister for Transport, Tourism and Sport, Deputy Ross, and the Minister of State at that Department, Deputy Brendan Griffin. If one considers the third point made by the Deputy, the need to pay for new drugs, we have to raise the money to pay for those new drugs.