Oireachtas Joint and Select Committees

Tuesday, 1 July 2025

Committee on Budgetary Oversight

Fiscal Assessment Report: Engagement with the Irish Fiscal Advisory Council

2:00 am

Mr. Niall Conroy:

When we compare internationally, Ireland is spending slightly more on capital spending as a share of its national income compared to other European countries. However, as the Deputy has said, we need to catch up on our infrastructure so there are good reasons for doing that. A lot of the factors that are inhibiting us from delivering the capital projects that we want are not necessarily shortages of money. It can be shortages of resources, of capacity in the construction sector and so on. They seem to be the more pressing constraints at the moment, rather than funding itself.