Dáil debates

Wednesday, 29 May 2019

Ceisteanna (Atógáil) - Questions (Resumed)

European Council Meetings

1:50 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I had the opportunity to meet Boris Johnson once. We both spoke to the crowd in Trafalgar Square on St. Patrick's Day in 2012 or 2013. He seemed to have a good understanding of St. Patrick's Day but we did not have a chance to engage much on Irish affairs. That was the only time I met him but the Tánaiste has met him on a number of occasions. As I have stated on many occasions, Brexit has not affected budget 2019 and nor will it. There was no need for a mini-budget in the past year, notwithstanding the risks and uncertainty that have arisen as a result Brexit. What we will be doing in the context of the summer economic statement - we will be happy to arrange a briefing for Opposition parties on this - is recognising that there are two potential scenarios. The budget will be introduced in October. We do not know where matters will stand at that point. We could be facing a hard Brexit within weeks, a further extension, no Brexit at all or a deal. We think it is prudent to set out two different scenarios in the summer economic statement in respect of growth, employment, revenue and the deficit. The budgetary decisions will have to be framed by that. If we are going to have less growth, fewer jobs and lower revenues-----

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