Oireachtas Joint and Select Committees

Tuesday, 24 June 2025

Committee on Budgetary Oversight

Annual Progress Report 2025: Discussion

2:00 am

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail)
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That makes sense. The Minister referred to a baseline forecast in his opening remarks. Obviously, there was an assumption of no transatlantic tariffs. He referred to the fact that the Department produced an alternative report that was submitted, I presume, around the same time. If so, was only one alternative report produced or were there others, given the fact that, even at that time, there was still an unknown element of where tariffs may land vis-à-vis the rates, with whom and how that would impact from an Irish perspective. Regarding the baseline report that was given in March and the alternative, it is good that some forecast was given by the Department of how this may land. Was there only one alternative?