Oireachtas Joint and Select Committees

Tuesday, 16 June 2020

Special Committee on Covid-19 Response

Covid-19: Impact on the Fiscal Position

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Social Democrats)
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I asked Mr. Barnes about the principle of investing in public services on a universal basis as a means of reducing the cost of living, not about a temporary stimulus package. However, I want to move on. Mr. Barnes can come back to me in writing with his response to that question.

How will the stimulus package and investment in public services be funded, and what support is available from the EU? The Next Generation EU plan totals approximately €750 billion at this point. What is Mr. Barnes's understanding of what might be available to Ireland, first, in terms of grants, and, second, in terms of low-cost borrowing?