Dáil debates

Wednesday, 27 April 2016

Ireland's Stability Programme Update April 2016: Statements

 

11:55 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I will finish on this point. These data lead us to what the priorities of the country should be. One of the major challenges the country faces is posed by capital investment. We have the second lowest level of capital investment in Europe. That is not acceptable or sustainable. We have discussed Irish Water, on which there will be a debate later. In the context of that debate, what is required is investment in water infrastructure. How we fund that investment is the big issue in terms of whether we use water charges. That is a minor issue in terms of the actual need for investment.

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