Oireachtas Joint and Select Committees

Thursday, 30 May 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council

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9:00 am

Mr. John McCarthy:

Yes. Capital spending is going up by 22% or 23% this year. I think we all acknowledge that this is a positive thing, given the capacity constraints in the economy and the need to address bottlenecks. Maybe it is more growth-enhancing than other forms of spending.

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