Lisa Chambers (Mayo, Fianna Fail) | Oireachtas source

I thank Professor McHale for the comprehensive review. There has been much discussion at recent meetings of this committee about capital investment or the lack thereof in recent years. We have also discussed the low interest rates currently available on borrowing. Does the IFAC have a view on whether there should be leeway given within the fiscal rules for capital investment? What would the council consider to be the priorities for capital investment? Should there be some leeway allowed to enable us to take advantage of the cheap money that is currently available?