Dáil debates

Tuesday, 29 September 2020

Ceisteanna Eile - Other Questions

Irish Fiscal Advisory Council

5:45 pm

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

What is striking about the Irish Fiscal Advisory Council's advice is that it recognises the short-term extreme disruption the economy will go through and acknowledges that a new normal must arise. Something like a new deal needs to be developed in Ireland at this stage. Will there be a substantially larger public investment programme? It is important that we start to take the opportunity of a decline in private investment to accelerate. Can we get projects moving quickly enough to take up that opportunity?

I am also interested to hear the Minister's comments on some of the specific supports through activating and restructuring sectors, which need to take into account matters such as the challenge of climate change. Can we design instruments that will accelerate structural change in order that we can be ready for this new normal?

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