Seanad debates

Thursday, 4 November 2021

Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Report and Final Stages

 

10:30 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

I move amendment No. 9:

In page 7, between lines 17 and 18, to insert the following:

“Report

8. The Minister shall, within 12 months of the passing of this Act, conduct and publish a

report outlining—
(a) where, between 2012 and 2020, compliance with EU fiscal rules has been a factor in Government decisions to deliver public services or infrastructure “off balance sheet”, through newly created bodies or through contracted services rather than through direct public investment or provision, and

(b) an analysis of the costs associated with such an approach, including the opportunity cost of short-term expenditure versus long-term investment.”.

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