Oireachtas Joint and Select Committees
Wednesday, 8 December 2021
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Pearse Doherty (Donegal, Sinn Fein)
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Regarding an issue that we have been dealing with for some time, that being, the standstill costs, I note IFAC's work and that the Department is getting closer to the council. Figure 2.8 on page 54 of the report represents the council's standstill estimates for 2023 to 2026. The amount is €3.2 billion, which is approximately double the €1.65 billion allocated for these costs in budget 2022. Will the witnesses outline the reasons for this discrepancy and what the council is accounting for that is absent from the Government's allocation?