Oireachtas Joint and Select Committees

Thursday, 26 November 2020

Public Accounts Committee

2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (Resumed)
Chapter 11 - Social Housing
Chapter 12 - Land Aggregation Scheme.
Chapter 13 - Pyrite Remediation Scheme.

11:30 am

Photo of Imelda MunsterImelda Munster (Louth, Sinn Fein) | Oireachtas source

I will touch on a few points regarding value for money with the Department. There was a reference in the opening statement to the fact that part of the reason for the large current expenditure was due to EU fiscal rules.

Given recent developments and unprecedented low interest rates, has the Department advised the Government to borrow to rebalance social housing policy away from current expenditure and towards capital expenditure?

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