Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed): Irish Fiscal Advisory Council and Nevin Economic Research Institute

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

One could say that people have never worked so hard, so why is it that we have such rising rates of deprivation? That is the challenge. When one looks at home owners in the context of interest rates, there have been ten hikes and we are asking households to absorb hundreds of euro in extra payments per month. It is just not sustainable. Something has to crack. Our guests have talked about skills and construction. Obviously we need investment targeted there and we have €1 billion in the National Training Fund, NTF.

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