Dáil debates

Thursday, 10 November 2016

4:55 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

My question is about the Minister's plans to review the fiscal space for the coming years in view of the currency exchange rate that was used in the budget documents and also given the economic impact of Brexit. We have seen in the tables on budget day that there was €1 billion of cumulative fiscal space wiped off between 2017 and 2021. We also hear that quite a large portion of the net fiscal space for next year, €1.2 billion, has already been used up, leaving only €530 million net of fiscal space available. Perhaps the Minister could indicate when this is subject to a further review.

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