Oireachtas Joint and Select Committees

Tuesday, 23 September 2025

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed)

2:00 am

Photo of Edward TimminsEdward Timmins (Wicklow, Fine Gael)
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Dr. Kelly has no particular suggestion. That is fine. I am interested in where he came up with the €13.9 billion underlying deficit for 2027. I have previously seen the €6 billion for 2026, taking out the windfall corporation tax. How did he come up with the figure of €13.9 billion? Does he have indications of 2027 expenditure? Does the Central Bank look that far ahead, two years ahead?