Rose Conway-Walsh (Mayo, Sinn Fein)
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Finally, what if the most productive investment is actually increasing the State ownership or State capacity? In public investment, it could be a situation where there would not be a commercial return but financial benefit in the form of the savings to the Exchequer. I am thinking of avoiding the costly public-private partnership, PPP, contracts or leasing contracts or privatisation like we see happening with, say, the primary care centres. These types of decisions reduce costs in year 1 but are more costly in the long term. Would there be a mechanism for allowing the FIF to fund these initiatives? That will have a real long-term saving for the State. The State would save more money than it would in investing in the medium term.