Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

Committee on Budgetary Oversight

Inflation: Discussion (Resumed)

Photo of Patricia RyanPatricia Ryan (Kildare South, Sinn Fein)
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What course of action do the witnesses suggest to negate the effect of funding in households in terms of the inflation rate?

In terms of fuel prices, do the witnesses think that the Government should temporarily reduce its tax take? If so, what action can the witnesses suggest to prevent the knock-on inflation on the likes of food and other goods?

Finally, I wanted to talk about energy increases but the witnesses have covered the subject. That is good and I appreciate their comments. Does increased Government expenditure, in particular capital expenditure, increase the risk of further inflation? If so, how can this be mitigated?