Dáil debates
Thursday, 26 January 2017
Ceisteanna - Questions (Resumed) - Other Questions
Capital Expenditure Programme
2:55 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
Of course we acknowledge that there are capital needs to be met but this is the reason we are reviewing the capital plan. It is the reason for the additional resources that will be available to the State, assuming a moderate degree of economic growth over the coming years. We have prioritised capital expenditure to benefit from that. We can consider what has been done in housing alone, where €2.4 billion has been committed to investment in public housing. A further €2 billion will be allocated to capital expenditure, assuming growth is inside the parameters we have set. That has been done precisely to address the fact that we need to invest more in maintaining infrastructure and delivering a select number of new projects.
No comments