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Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I am sorry Deputy, I am going to let the Minister respond on that topic. I will let Deputy Pearse Doherty back in during the next round.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I thank the Minister for those answers on the first round of questions. I now call Deputy Broughan.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I thank Deputy Broughan and call Deputy Lahart.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I cannot be 100% certain, but I think the figure that Deputy Lahart has been quoting is an IBEC figure rather than an IFAC figure.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: That appears to be the case based on what we have been able to find.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: It might have been mentioned by somebody else as well.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: In order of indication I will now go back to some Deputies for a second set of questions.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: We are running out of time.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: The Deputy may respond briefly as we are just over the time.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I am sorry, Deputy, but I ask you to conclude. We are under a time constraint in terms of this room, which we must vacate in less than ten minutes. I ask the Minister to respond briefly.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I thank the Minister and the Deputy. I know Deputy Doherty wants to come back in but I want to tease out one specific area with the Minister for a couple of minutes. We had a contribution to the committee from representatives of IBEC who trumpeted their fears and concerns regarding the OECD-led reforms of taxation in respect of our corporation tax system. Effectively, they stated that it...

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I had indicated to Deputy Doherty that I would call him again for a final question.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Deputy Pearse Doherty should let the Minister answer.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Deputy, let the Minister answer.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: I ask the Deputy to let the Minister speak.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Deputy Doherty-----

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Deputy Pearse Doherty, it is not a Punch and Judy show.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Have the respect for the committee and for both yourself and the Minister to allow him to reply to you. To be fair, he sat and listened to you. All I ask you to do is allow him to reply.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: Deputy, you have plenty of time to make that point.

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Colm Brophy: The Minister will reply to the Deputy.

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