Oireachtas Joint and Select Committees

Tuesday, 24 June 2025

Committee on Budgetary Oversight

Annual Progress Report 2025: Discussion

2:00 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

We have to think about how to support employers in a different way. The past number of years have been characterised by different schemes and one-off support measures. It is not sustainable to continue with that approach. I have never met an employer who set up a business because he or she was in it to maximise access to a scheme. People who set up a company, trade and employ people want to earn a good living and feel they are getting a decent reward for their efforts. From my point of view, we need to build up budgetary buffers so that if times get hard, we do not have to cut back on capital expenditure. We also need to have a growing economy so there is demand for goods and services. We must work harder at having a competitive economy and support the work of the Minister, Deputy Chambers, to find new ways to invest in the infrastructure we need. If we do those well, that will far exceed the need for the kinds of scheme we have had to bring in in recent years.