Oireachtas Joint and Select Committees
Wednesday, 4 October 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
EU Budgetary Proposals: Department of Finance
Mr. Gary Tobin:
In general it is fairly common for there to be a mid-term review. As the Deputy will be aware the current multiannual financial framework runs from 2021 until 2027. Midway through there does tend to be a midterm review because priorities change over the seven years. Sometimes these can be very minor adjustments but given what has happened it is quite significant.