Oireachtas Joint and Select Committees

Tuesday, 30 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Stability Programme Update: Discussion with Minister for Finance

6:35 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

In his presentation the Minister mentions that in the competitive areas we are pretty much maxed out with regard to what we have done in the export of goods, in respect of the pharma patent cliff and chip manufacturing which, though quite substantial, has levelled off and is probably starting to drop. On the domestic economy, I welcome the 1,000 jobs in road construction projects announced today. However, there is an unsustainably low output in house construction. If this does not change quickly, there will be a shortage of housing units from mid-2016 onwards, particularly given the projected growth in population and the return of immigrants. On the capital budget, will we see some investment in house building?

Comments

No comments

Log in or join to post a public comment.