Tuesday, 24 September 2019

Questions (121)

Róisín Shortall


121. Deputy Róisín Shortall asked 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]

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Written answers (Question to Finance)

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 Eurogroup by 15th October 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.