Oireachtas Joint and Select Committees

Wednesday, 20 September 2017

Committee on Budgetary Oversight

Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland

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9:00 am

Dr. Tom McDonnell:

If €100 million is spent on capital expenditure in the first year, it will take up €25 million but it will have used up the same amount of fiscal space by the fourth year.

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