Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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78. To ask the Minister for Finance the details relating to his Department for outsourcing to consultancies of specific Covid-19-related work, services or advice; and if he will make a statement on the matter. [2185/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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I wish to advise the Deputy of the following details in response to his question.

The Department of Finance/ESRI Joint Research Programme is funded by my Department and the Revenue Commissioners and involves ongoing project collaboration across all three parties in the policy areas of banking, taxation and the economy. Now into its seventh year, the project scope of the programme to date has incorporated the following Covid-19-related analyses:

- An examination of the sectorial overlap between Covid-19 and Brexit shocks (published)

- Examining SME revenue shortfalls associated with the Covid-19 pandemic (published)

- Estimating the macroeconomic impacts of various potential Covid-19 recovery paths (forthcoming)

Furthermore, in Q4 2020, my Department sought research to be prepared on the future of Economic and Monetary Union (EMU), particularly in the context of Covid-19. The winning tenderer in this procurement was Professor Federico Fabbrini and the cost was €15k VAT included.