Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Photo of Jennifer Carroll MacNeillJennifer Carroll MacNeill (Dún Laoghaire, Fine Gael)
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I thank Mr. Hogan. I have a question on a slightly different point for Mr. McCarthy. It is good to see him here. I very much value his opinion as the chief economist. We spoke to representatives of the Department of Public Expenditure and Reform about the national development plan, NDP. Specifically, I have a long-standing concern about construction inflation as well as inflation generally. I would like to hear Mr. McCarthy's view concerning the macroeconomic situation in respect of construction inflation. How is the Department linking in with the Department of Public Expenditure and Reform in respect of long-term borrowing for and financing of the national development plan with this context in mind?