Oireachtas Joint and Select Committees

Wednesday, 8 March 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Investment Funds: Discussion

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

We also need to be careful. The Minister for Finance at Question Time yesterday indicated our borrowing levels, our national debt and the extent to which that is now the highest in the world, which is a very precarious place. If something comes around the bend that we do not anticipate now, we could have a very serious problem on our hands all over again. Let us remember we have had the effects of the financial crash and Covid, all in the space of ten years or so, and we are trying to put it all to bed. It needs careful footwork and we need to proceed with caution.

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