Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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On the second page of Mr. Makhlouf's opening statement, he referred to growth rates predicted for the domestic economy. The statement said that those current forecasts could be affected by a number of factors, including base effects in the post-pandemic normalisation, which mostly relate to the unwinding of the exceptional level of physical investment in the State by multinational enterprises. What is Mr. Makhlouf talking about specifically when he refers to the exceptional level of physical investment by multinationals? Is this the employment they have created or is it physical buildings they are investing in?