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

I acknowledge the supportive tone that all colleagues and parties have offered in dealing with the consequences of Brexit, in particular a no-deal Brexit. With regard to the Deputy's repeated question on whether the resources will go beyond €2.8 billion if we are in no-deal setting, the answer is "Yes". The consequences of dealing with more people becoming unemployed or of having to support parts of certain sectors will mean reducing a surplus we would otherwise have and moving into what I would aim to be a temporary deficit.

On the Deputy's second question regarding when the engagement with the European Commission will come to an end, much of that depends on the engagement that will happen between the EU and the UK in the run-up to the European Council. I take the Deputy's point. If we move into October, Irish businesses will need to know what the contingency plans are. To agree with a point he made earlier, if a no-deal Brexit is averted on 31 October by means of, for example, an extension, that means the risk then shifts fully into the year which this budget oversees. The risk, therefore, is still there and it is absolutely within the time period in which the House expects budgetary decisions to be made.

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