Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 18 - Shared Services
Vote 39 - Office of Government Procurement
Chapter 3 - Vote Accounting and Budget Management
Comptroller and Auditor General Special Report 95: Financial Reporting in the Public Sector
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
I wish to discuss capital spending. We raised the issue with Mr. Moran earlier. It is accepted almost universally that we have low levels of capital spending. In that regard, we discussed with Mr. Moran the inflexibility of the fiscal rules. What is Mr. Watt's view on the matter? One of my questions to Mr. Moran concerned what changes we were seeking at EU level to enable us to have greater flexibility in how we invest in capital. What is Mr. Watt's Department's view of how rigid or not the rules are?
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