Oireachtas Joint and Select Committees

Wednesday, 22 November 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion

Mr. John McCarthy:

No, it would be exactly the same. Once the expenditure takes place and if moneys are drawn down and spent, it would constitute spending within general Government spending, so it would affect the general Government balance.