Dáil debates

Thursday, 28 April 2022

Ceisteanna Eile - Other Questions

Budget Targets

11:50 am

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

I welcome that. We talk about sustainability on so many fronts but this is about financial sustainability. The Minister has been doing an extraordinary job because, as I said, the Government has been making money available, aside from Covid and the crisis issues, for other things that needed to be done in our economy, especially in respect of capital expenditure because we have a massive deficit in that regard.

I take it a big factor in budgeting for 2023 - as Covid, please God, becomes less and less of a feature - will be its replacement by the full-year cost of the Ukrainian crisis, if refugees continue to come. The Minister stated expenditure will increase by 5%. That includes all the expenditure on the Ukrainian crisis. I take it that will be a big factor in budget arithmetic coming into the autumn. Will he briefly outline the effect this will have on a full-year basis?

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