Oireachtas Joint and Select Committees
Thursday, 5 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund
11:30 am
Mr. Derek Moran:
I would like to pick up on the Deputy's reference to the first annual report on the EU contributions. This becomes increasingly important as we move from 40 years of being a net beneficiary into being a net contributor. I understand that over the next seven years, we will move from paying approximately €2.5 billion per year up to €4 billion by the end of the seventh year. It is important that people are informed and the Deputy made the point that it is relevant to sectoral committees as well.