Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Public Accounts Committee

2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014

10:00 am

Photo of Patrick O'DonovanPatrick O'Donovan (Limerick, Fine Gael) | Oireachtas source

I wish to come back to something Mr. Moran said about the multinational sector. He said it was capital-intensive. As someone who has worked in a pharmaceutical company, I agree with that. When it is as intensively based in capital as it is, is it not fair to say there is room for further employment to be created there? Just because we have not seen massive growth in jobs in the pharmaceutical sector, in particular, over the past 12 months, there is no reason to suggest we will not see it as profits improve and as there is a need for capital investment in those plants.

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