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 will correct one thing. The Deputy mentioned a deficit of €5 billion. That is not the case. We anticipate a swing of up to €5 billion to €6 billion if we were to go all the way to 1.5% of national income. The work on the composition of the additional measures is not yet done. I am engaged with the Department of Agriculture, Food and Marine, the Department of Business, Enterprise and Innovation and the Department of Transport, Tourism and Sport on the measures that might be needed in a no-deal setting.