John Deasy (Waterford, Fine Gael) | Oireachtas source

What is the reason for that? Mr. McCarthy understands where I am coming from. The sum of €50 million is a considerable amount. It is not being spent but is being rolled over and is going into the same fund. One of the problems we have in the country currently is that money is not moving. People are not spending money. That amounts to a great deal of GNP. The Department has regulations according to which it must operate when it comes to the projects but is there not a case to be made that the money should be spent as soon as possible? Obviously it should not be spent willy-nilly or on projects that make no sense, but money should be injected into local economies, especially in the regions where there has not been enough uplift.