Oireachtas Joint and Select Committees
Tuesday, 17 September 2019
Committee on Budgetary Oversight
Pre-Budget Scrutiny: Minister for Finance
Paschal Donohoe (Dublin Central, Fine Gael)
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Yes, in an orderly Brexit. I opted for a range because we are dealing with an unpredictable event. It will be important that, if we are dealing with the consequences of an event like this, we are able to establish a path for recovering our deficit back into a balanced position and an eventual surplus. We will have to do that nearer the time but there is significant unpredictability in dealing with this kind of an event. I do not want to be in a position where I am laying out an exact deficit figure here that it turns out we have got wrong through failed attempts to model something that is very unpredictable.