Paschal Donohoe (Dublin Central, Fine Gael)
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It is being monitored at the moment. From a national perspective we will assess where we are with the impact of those developments in the preparation of the budget. In a normal year we would have the opportunity to look at this when we publish the annual progress report and when we do the budget in October. They are the two most likely points at which we would still do it. The opportunity would be there to consider the fiscal impact also. For example, when we do the medium-term fiscal plan. They would be the two points at which we could do it. At this point in time, it is too early to say what the impact will be because of all the change that is currently under way. It is obvious, as the question recognised, that any impact in relation to the operation of supply chains or the price of energy would have an impact on the economic performance of the global economy and, therefore, on an economy as open as ours.