Written answers
Tuesday, 24 September 2019
Department of Finance
Budget Timetable
Róisín Shortall (Dublin North West, Social Democrats)
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121. To ask the Minister for Finance the options open to considering European semester requirements and other conventions of a second budget once the outcome of Brexit negotiations is known. [38868/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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Regulation (EU) 473/2013 of the European Parliament and of the Council (part of the so-called ‘two-pack’) introduces a common budgetary timeline for euro area Member States. Specifically, Draft Budgetary Plans for the forthcoming year must be submitted to the European Commission and to the Eurogroupby 15thOctober each year.
I will present Budget 2020 to Dáil Éireann on the 8th of October and I intend to submit Ireland's 2020 Draft Budgetary Plan to the European Commission by the 15th October. As agreed by Government, this Budget will be based on the assumption - purely for budgetary purposes - of a disorderly exit of the UK from the European Union.
I have outlined on several occasions that, irrespective of the actual Brexit outcome, there will be no additional Budget for next year. This position has not changed.
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