Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

Earlier the Secretary General referred to inflation. This is an estimate. The witness spoke of the two-stage process and that there was an understanding of an estimate. We established that it is not going to be €1.7 million and that it will be more because of the inflation tied in. Where does Project Ireland 2040 stand? Mr. Watts touched on this earlier but if the same 4% above construction inflation applied one would want to have an awful lot more in the drawer than €116 billion to cover the projects that were announced in the 2040 plan. Would this not be the case?