Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

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

Engagement with Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation

2:00 am

Photo of Shay BrennanShay Brennan (Dublin Rathdown, Fianna Fail)

The final question relates to capital. Given Ireland's comparatively low debt-to-GDP ratio, even the adjusted one, we have plenty of headroom to borrow to front-load infrastructure. That is a prudent thing to do given we need the infrastructure now to close up the deficit and given how, if correctly applied, this infrastructure should more than repay the Exchequer over time. I am wondering whether there is an appetite for this. I am putting this to the Minister because in this committee I have asked the Minister for Finance and I got one answer.

In the Dáil I asked the Tánaiste, and I got an opposite answer. I am wondering what the Department's appetite for this is.

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