Oireachtas Joint and Select Committees

Wednesday, 5 July 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion (Resumed)

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein)
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What I am trying to get at is whether, in the event of an economic slowdown and a drop in tax revenue, this €6 billion could be used to fund Government spending to avoid budget cuts or borrowing from the international markets. Or does it have to be for-----