Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I will lay out in the summer economic statement the figures that I am required to provide. Before we make decisions about how to spend resources, however, we must be clear that we have those resources in the first place. We must raise the taxes to provide them and we must ensure that by spending the resources we are making proper use of them. I wish to be clear about the demographics. That €400 million is accounted for in moving from gross fiscal space to net fiscal space. It is the same €400 million that was outlined in the stability programme update of this year.

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