Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed): Irish Fiscal Advisory Council and Nevin Economic Research Institute

Professor Michael McMahon:

Yes, infrastructure, corporate construction and so on, but it is also incredibly useful for a national development plan to have non-construction and non-infrastructure projects on there. If, for example, there were plans where, right now, we could spend money importing electrified vehicles or machines that would not add anything to the domestic demand but which we could just bring in, put down and get to work with to allow us to raise productivity, that would be wonderful-----