Oireachtas Joint and Select Committees

Thursday, 18 September 2025

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Committee on Budgetary Oversight

Pre-Budget Engagement

2:00 am

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail)

I thank the witnesses for their opening statements and their contributions. Dr. Coffey referred to the Future Ireland Fund in his opening remarks. That might have been lost in some of the commentary we heard this morning regarding the ability to put some money away - the witnesses referred to 2008 - and how essential that is. In terms of the envelope IFAC would consider consistent with the sustainability for 2026, will Mr. Coffey indicate what split between capital versus current would best manage overheating risks?

On Dr. Barrett’s opening remarks, if we look at the delivery bottlenecks that are happening currently - he referred to the capital spend and the proposed review of the national development plan and housing in particular - what budget-neutral returns would unlock supply fastest? We are all limited with time, and it is hard to engage with both witnesses at once.

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