Written answers
Wednesday, 11 July 2018
Department of Finance
Proposed Legislation
Tommy Broughan (Dublin Bay North, Independent)
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111. To ask the Minister for Finance when he will introduce legislation on the rainy day fund; and when he will report on the work done to date by his Department in framing the structure and rules of this expenditure. [28985/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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I intend to introduce rainy day fund legislation very shortly. The Bill has been drafted, and I am now seeking the Government's approval for its publication and presentation to Dáil Éireann.
It is my intention to commence second stage on this Bill at the beginning of the Autumn session, at which time I look forward to discussing my policy approach and how it takes account of Ireland's economic vulnerabilities and of our obligations under national and EU law.
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