Oireachtas Joint and Select Committees

Wednesday, 13 September 2017

Committee on Budgetary Oversight

Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute

2:00 pm

Mr. Seamus Coffey:

The issue is not necessarily the amount of capital spending that we are undertaking, but the value that we are getting for it. If we are identifying shortfalls in public capital, maybe we should be better at directing the resources that we are committing to it. The long-term analysis undertaken does not suggest that Ireland has been an underspender in terms of public capital investment. If the Deputy identifies infrastructure deficits, perhaps those are down to how we are using that money.

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