Oireachtas Joint and Select Committees

Wednesday, 25 October 2023

Committee on Budgetary Oversight

Post-Budget Engagement: Discussion (Resumed)

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein)
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I get that. When the ESRI appeared before the committee last week, we examined many of the figures and that point was coming through. I very much hear Mr. McGeady's point in respect of the one-off payments, which absolutely have to be made, and I know all present agree they have to be made. However, as he pointed out, once we get past April 2024, we will still have high prices even if the rate of inflation decreases. It leaves us in a trap where we are working our way through budget 2024 and it is not progressive in the long run. I invite the other witnesses to speak to the regressive or progressive nature of the budget.