Oireachtas Joint and Select Committees

Wednesday, 30 November 2022

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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Obviously, probably a decade of lost investment has to be factored in as well, so a lot of that type of investment is catch-up. From my recollection, when the national development plan was published and these numbers were factored into the multi-annual spending in terms of the budgets, the Irish Fiscal Advisory Council did not critique or criticise these figures. That is why I drew the view that the witnesses felt it was appropriate. Therefore, given the environment we are in now, what would the assessment be if the level of underspend was sustained? That was my question and I know the witnesses still have not answered it and I am not sure whether they are going to.