Dáil Éireann Debate, Tuesday - 27 June 2023
187. Deputy Ged Nash asked the Minister for Finance if he is planning to create a special infrastructure development fund or equivalent vehicle with funds identified from forecasted surpluses based on windfall corporation tax receipts; and if he will make a statement on the matter. [31364/23]
View answerAs the Deputy is aware my Department published a paper on 10 May 2023 outlining a range of illustrative options to help insulate the public finances from the risks associated with an overreliance on potentially transitory windfall corporation tax receipts while also putting money aside to contribute to future ageing and other structural costs.
I note the Deputy's point regarding a possible special infrastructure development fund.
I would say that work on proposals for a long term savings fund is ongoing and no decisions have as yet been taken regarding its structure or functions.
