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
9:00 am
Mr. Derek Moran:
At least some of the problem derives from the collapse in 2008 and the stopping of investment that resulted from that collapse. There was no construction for five or six years. All of these issues contributed to what the Deputy is describing. It is, however, the performance of the economy that will generate the revenue to allow for spending on building the 10,000 social houses that are targeted. That is what will provide the money for capital investment.
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