Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
ECOFIN Meeting: Minister for Finance
9:30 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
The fiscal rules make sure that if we borrow money, we are capable of repaying it and that it will not have any other adverse effects on our economy. Fiscal rules or not, that is what I will want to do anyway. To emphasise the point, I am saying that I also want to look at how we can deliver new forms of capital investment. All of this comes with a caveat in terms of the direction we are on. I accept there is a need to examine how we can do more than we are able to do currently, but between 2014 and 2021, we will double capital investment in our country.
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