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Cullinane calls for new debate on Summer Statement following Brexit result

24 June, 2016 - by David Cullinane TD


David Cullinane, Sinn Féin spokesperson for Public Expenditure and Reform, said today that the Dáil needs to have a fresh debate on the revised estimates and the summer economic statement following the Brexit result.

Deputy Cullinane said:

“Three days ago the Government said that the cost of Brexit to the Irish economy would be between €2.5 and €3 billion over the next two years. Fine Gael MEP Brian Hayes this morning said that Ireland’s GDP growth figures and our fiscal space would have to be revised downwards.

“Is this also the view of the Minister for Public Expenditure and Reform?

“It is clear that we need a fresh debate on the summer statement and the financial and economic implications of the result. This needs to be done so we can have an informed debate and discussion at the earliest opportunity.

“I have asked to meet with Minister Donohoe at his earliest convenience to discuss the matter. We need to move this forward as quickly as possible.”

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