Oireachtas Joint and Select Committees

Wednesday, 22 November 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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They could be higher. The point is that we may get a higher return. If you talk to anybody at home, and I know there are issues in terms of the reputational damage, the funders are looking at the funds and whether the money can be accessed. If we are talking about debt of 2.5% and a return of 3%, why would we be using our money to pay down debt when we can get a 3% return that will becomes available to us, especially at that scale.