Oireachtas Joint and Select Committees

Tuesday, 7 July 2020

Special Committee on Covid-19 Response

Impact of Covid-19: Overall Fiscal and Monetary Position

Dr. Mark Cassidy:

Those figures are an estimate based on previous rates of increase. We think there will be a short-term impact based on adhering to health protocols. Undoubtedly, because of the time taken to build a house, the output this year and next year will be less and the rate after that is dependent on the capacity of the sector to increase its output.