Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

No. What we have always been conscious of, and the Government and I have articulated this on a number of occasions, is that we need greater recognition of the difference between current and capital expenditure when they are being accounted for within national accounts. Where progress has been made is in how capital expenditure is treated differently within the fiscal space measurement versus current expenditure. We believe more work needs to be done in this area. A particular area that we have prioritised is the gaining of full guidance on how off-balance sheet expenditure would be treated in the future. It is an important source of investment in any economy and we believe opportunities exist for Ireland in regard to this matter.