Oireachtas Joint and Select Committees

Thursday, 22 June 2023

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Professor Michael McMahon:

I will be quick. The Deputy's question relates to something I do not believe we have specifically looked at, which is whether current infrastructure deficits are exactly related to decisions made in the past. Clearly they are, at some broad level. We have not done it sector by sector, as the Deputy alluded to, but at a broad level one can think many years of underinvestment has led to infrastructure deficits that are now-----

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