Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Improving Investment Opportunities in the Wider Economy: Discussion

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I want to welcome Mr. Andrew McDowell, who I know well, and wish him well in his new role. I welcome Mr. Ashmore, Mr. Murphy and Ms Mahon. I do not want to dwell on it but I wish to return to the issue of the investment plan for Europe, or the Juncker plan, in the Irish context. In Mr. McDowell's opinion, what percentage of GDP should an economy spend on capital investment for it to be sustainable? How would he comment on Ireland's most recent level of investment relative to GDP?

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