Oireachtas Joint and Select Committees

Tuesday, 24 June 2025

Committee on Budgetary Oversight

Annual Progress Report 2025: Discussion

2:00 am

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail)
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On that, we will try to protect the profile of capital investment in the medium term. That is the critical growth-enabling infrastructure that will build the prosperity of the 2030s. It is important in the context of the risks that we have.

Regarding the medium-term plan that was submitted in October, it is a technical document on a no-policy change basis. What the Government has to do now is reassess the medium-term position, examining the risk that is there but also the competing priorities and demands that we hear about from everybody. We need to strike a balance, and that is the work we are doing at present. We need to try to bridge the gap on the infrastructure deficit.