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. Gary Tobin:
Yes. As Deputy Hourigan mentioned, we published the first annual report on Ireland's transactions with the EU. It sets out our projections of our contributions to the EU budget over the next seven years. Table 2 in section 3.5 indicates that our EU budget contributions are likely to increase from €3 billion or thereabouts to approximately €4 billion. They will average in or around €3.5 billion per annum over the next seven years. As I-----