Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Committee on Budgetary Oversight
Pre-Stability Programme Update: Discussion
Gerald Nash (Louth, Labour) | Oireachtas source
I will first ask Mr. Cassidy about the EU fiscal framework and the fiscal rules. He referenced the incapacity, a decade ago, of the State to finance infrastructure projects that in the specific circumstances we have at the moment we could finance. We know the best thing is to invest in transport, housing and so on to stimulate the economy and get people back to work and do so in a sustainable fashion. There is a very lively debate going on at the moment around how the EU fiscal rules may be at least modified to allow that kind of positive investment. Has Dr. Cassidy a view on how that should happen?
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