107. Deputy Mairéad Farrell asked the Minister for Finance the estimated deficit the State will have accrued in public finances as a direct result of the Covid-19 pandemic; his views on whether Ireland will be necessitated to access funds through the European Stability Mechanism to meet such a deficit; his further views on whether the flexibility of the European Central Bank to deviate from capital key purchase targets and acquire specific quantities of Eurozone countries’ bonds should be exploited in the coming months to fund an economic recovery and ensure the State returns to growth in 2021; and if he will make a statement on the matter. [6424/20]

Summary

107. Deputy Mairéad Farrell asked the Minister for Finance the estimated deficit the State will have accrued in public finances as a direct result of the Covid-19 pandemic; his views on whether Ireland will be necessitated to access funds through the European Stability Mechanism to meet such a deficit; his further views on whether the flexibility of the European Central Bank to deviate from capital key purchase targets and acquire specific quantities of Eurozone countries’ bonds should be exploited in the coming months to fund an economic recovery and ensure the State returns to growth in 2021; and if he will make a statement on the matter. [6424/20]

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• Exchequer Deficit

  xml · EN · 20 May 2020

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