Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Committee on Budgetary Oversight
Pre-Stability Programme Update: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Yes, and obviously there is a huge hunger for that type of capital expenditure in the State. There is no doubt about it. Therefore, my question to Dr. Cassidy is this: what level, in his view, of public capital expenditure could the State absorb? We have been here before, where there were capacity issues and so on, but we are in a new year and new dynamics, with high levels of unemployment and, unfortunately, some of these jobs not coming back in the short term. Is capital expenditure one of the ways in which we can deal with a number of problems at the same time in respect of not only employment but also the type of investment we need and then the return in terms of growth?
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