Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2017
Vote 11 - Department of Public Expenditure and Reform (Revised)
Vote 12 - Superannuation and Retired Allowances (Revised)
Vote 14 - State Laboratory (Revised)
Vote 15 - Secret Service (Revised)
Vote 17 - Public Appointments Service (Revised)
Vote 18 - National Shared Services Office (Revised)
Vote 19 - Office of the Ombudsman (Revised)
Vote 39 - Office of Government Procurement (Revised)

11:10 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

This is the point, is it not? Whether it is articulated through some flexibility in terms of the Stability and Growth Pact or European Council agreement on the point just made by the Minister, there must be some political formula that allows that to happen. It is arguable that we are overly constrained by the rules that exist at the moment. There must be, at an EU level, some mechanism to allow Ireland, from a macro-economic point of view, to invest without falling foul of the very strict rules that exist at present.

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