Oireachtas Joint and Select Committees

Tuesday, 17 September 2019

Committee on Budgetary Oversight

Pre-Budget Scrutiny: Minister for Finance

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am considering options on this because I am under no illusion as to what a no-deal Brexit could mean for parts of our economy. I will take on board what the Deputy says. I simply have not made a decision yet on the use of that funding. The Deputy is correct. I am being careful in my use of language on how a rainy day fund could be used because it is described as being used for dealing with tail risks of a no-deal Brexit. I am considering the use of funding like that and how it would be managed, but the first matter I want to be clear about is the right level of support.