Oireachtas Joint and Select Committees
Wednesday, 27 September 2023
Committee on Budgetary Oversight
Pre-Budget Engagement (Resumed): Ministers for Finance and Public Expenditure, NDP Delivery and Reform
Seán Canney (Galway East, Independent)
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Apologies, but I am double-jobbing. I am going between the disability matters committee and this committee. I thank the Ministers for their presentations. There are two aspects that I would like to address. There is the whole issue of the upcoming budget, the expectations and all the money we have in the country creating pressures on Government to deliver everything to everybody. I want to home in on the issue of the windfall tax that has been introduced and the Minister's plans to create a savings pot for that to create a rainy day fund or, better than that, a fund from which we can use the interest to help us. Is that fund something the Minister would envisage as being invested totally outside of this country? Has he come to any conclusions on that? What level of funding does the Minister see going into it over the next two to three years?