Oireachtas Joint and Select Committees
Thursday, 19 April 2018
Public Accounts Committee
Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
9:00 am
Mr. Derek Moran:
If the Deputy will just let me finish. It is lifting off a very low base and coming on again.
On the social housing side, the increase in money available for capital housing has grown from about €800 million a year to €1.8 billion between 2016 and 2018. The resources are there, and part of the budget is about having the money and making the choices about where we put it and there are strong indications that very strong choices have been made in terms of putting it into social housing and addressing these problems.
When people talk about overheating, they talk about the economy at large. They are not picking one sector. One cannot put money in everywhere. One prioritises, and if the priority is housing then the money is put into housing but one chooses not to put money elsewhere.
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