Oireachtas Joint and Select Committees

Wednesday, 30 November 2022

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Mr. Sebastian Barnes:

As I said, there is no a priori reason to be against it; it depends critically on the details of the costs and the benefits. This is also where good planning comes into it. These are very long-term things. If the State was to take on assets that have long-term yields, the costs and benefits of that would need to be weighed and put in a longer term context. That is something one could think about.