Oireachtas Joint and Select Committees

Thursday, 30 September 2021

Committee on Budgetary Oversight

Pre-Budget 2022 Scrutiny (Resumed): Minister for Public Expenditure and Reform

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I thank the Minister. Given the expenditure levels across Europe, particularly in the eurozone, and the indications of inflation and the need for a full recovery from Covid, can I further inquire as to the possibility of there being a contradiction in the actions required? Are we as well placed as anybody else in the eurozone or throughout the European Union in relation to borrowing requirements for capital purposes, bearing in mind that extended borrowing cannot last for ever, particularly for current purposes?

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