Oireachtas Joint and Select Committees
Wednesday, 17 January 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Capital Supply Service and Purpose Report Bill 2023: Discussion
Dr. Ray Griffin:
That comes from the capital tracker. We have had two iterations of the capital tracker and that was the first. That is the number of projects above €20 million broken down to NUTS 3 regions. Our process is that we look at the spreadsheet and go and find the newspaper articles or the tweets that give us the exact amount. To say it authoritatively is actually quite difficult because someone can come along and say how we have made the data is not at the precise and authoritative level of a Department. It was 64% in the first generation and it is 56% at the moment, which means the Ireland 2040 ambition of investing in the regions simply is not happening at the major project level. You could argue that primary schools, footpaths and all the smaller projects balance it out but that data is not available. Based on the data we have, we can say Ireland 2040 has been pretty much abandoned.
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