Oireachtas Joint and Select Committees
Wednesday, 28 February 2024
Committee on Budgetary Oversight
Impact of Climate on Public Finances: Irish Fiscal Advisory Council
Rose Conway-Walsh (Mayo, Sinn Fein)
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Leaving the heavy lifting for the next Government to deliver will obviously mean greater pressures on the finances at that point. How are we reconciling all of this? We have identified that there will be a €2.5 billion shortfall in the spending relating to national development plan or of up to €19 billion out to 2030. What are the dangers there in having that hole in the funding for the national development plan and meeting the targets that we need to meet when it comes to investment in infrastructure relating to rail, such as the western rail corridor, and other modes of transport?