Oireachtas Joint and Select Committees

Wednesday, 16 January 2019

Committee on Budgetary Oversight

Fiscal Assessment Report: Minister for Public Expenditure and Reform

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy is aware, within the European Commission there is a definition of an "exceptional event". That definition will require teasing out in the context of how the rainy day fund will work. We are facing a great unknown in terms of what a disorderly Brexit could look like. The plans for the rainy day fund stand. I was due to take the legislation dealing with fund last night in the Dáil. If there is a need to make any change, I can deal with it via the update I will give in April or the legislation.