Oireachtas Joint and Select Committees

Wednesday, 22 September 2021

Committee on Budgetary Oversight

Pre-Budget 2022 Scrutiny: Irish Fiscal Advisory Council

Mr. Sebastian Barnes:

The Deputy is right. Our assessment is that the existing plans are a long way short of what needs to be delivered. A lot of investment needs to take place and we are essentially waiting for the national development plan to articulate that. The climate action plan is extremely important as well.

We are macroeconomists. We do not know the ins and outs of the engineering solutions and these kinds of things, but those things need to be spelled out. It is on such a big scale that it is one of the key issues overhanging the economy.

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