Oireachtas Joint and Select Committees

Wednesday, 26 April 2023

Committee on Budgetary Oversight

Stability Programme Update: Ministers for Finance, and Public Expenditure, National Development Plan Delivery and Reform

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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We can keep those quite brief. I want to acknowledge the Cathaoirleach Gníomhach's point. The Minister, Deputy Donohoe, and I came into the Oireachtas in 2007. We have both been here for 16 years. We were here for the end of the economic boom and we were here for the really dark times. Of course, that has had an influence on our outlook and the outlook of the Government because we are so determined to use the strong position we are in now and to make sure that when issues arise in the future, and, in particular, knowing that we are going to face major costs down the line, to not prepare for that now at a time when we have resources that we have been told are windfall in nature would be negligent. Neither the Minister, Deputy Donohoe, nor I will be part of anything that would result in that.