Oireachtas Joint and Select Committees

Thursday, 18 April 2019

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance and for Public Expenditure and Reform

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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This is something on which we will have to engage with the European Commission. There is a requirement to have our budgets in at a particular point in the semester. I am not saying that I have made a decision on it but the value of Irish budgets in recent years has been that we have been able to indicate certainty regarding where we stand. The Deputies have raised issues regarding unplanned expenditure and certainly there are issues on which we need to do better. We need to have an agreed view on what is to happen in the economy over the coming years but if we find ourselves in a position where the fate of Brexit is not yet known and we are preparing a budget, that changes the context entirely. I look forward to working with all colleagues on that during the year.