Dara Calleary (Mayo, Fianna Fail) | Oireachtas source

In August, Fáilte Ireland published a study for the Minister, Deputy Varadkar, and the Minister of State, Deputy Ring, which said that the jobs created by the measure equated "to a benefit to the Exchequer of circa €55 million" and further estimated "that the Exchequer’s tax take on the growth in spending by overseas visitors in 2012 was worth €40 million". The study also pointed out that "the tax foregone through the implementation of the rate reduction is below" what the Minister for Finance has been saying. The Minister for Finance has suggested that this initiative has cost more than he said it would. The Minister for Transport, Tourism and Sport has suggested that it has cost less than the Minister for Finance said it would. What is the Minister for Public Expenditure and Reform, who will be responsible for introducing the budget side of things, saying?

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