Results 2,341-2,360 of 6,631 for speaker:Rose Conway-Walsh
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: This is a useful discussion. I thank the Ministers for their statements. In his statement, the Minister, Deputy Michael McGrath, said that the expected global growth of 2.7% is the lowest annual rate since the global financial crisis. If we were to get an external shock, not even a huge one, would we be prepared for it as things stand?
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: I say it because I am mindful of the time just before the financial crash when I put to an economist our overreliance on the construction sector. He said everything would be fine and we would have a soft landing, except, and he almost whispered it, if there were an external economic shock. Sometimes we see the parallels. I do not want to dwell too much on it.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Yes.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Yes.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: I understand that. I want to tease out some of it. I am glad that the Minister is looking at the dual function aspect. I am very interested to see what the breakdown will be in terms of how much is kept and how much is invested. In that sense, is the Government considering investing in physical assets such as land and infrastructure in the State?
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: I am very conscious of time. I have several other questions to ask. I am asking about this because of regional disparities and how we will meet the challenge of keeping down inflation and trying to control it while recognising that the west and north-west region has a real problem. It is in the bottom 7% in the EU in terms of infrastructure. There is an issue with competitiveness. How...
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: If we have already missed those targets by 24% how will we catch up?
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: It is what Deputy Doherty asked about. It is with regard to the national development plan projections being missed in terms of the allocations and the spending being revised downward.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Does the Minister think that business as usual in terms of the national development plan and the pace we are going at will address the regional imbalance?
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Deputy Canney asked about the western rail corridor. This would be a key infrastructure project in the west. He pointed out it is shovel-ready.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: That is why I want more for the west. I am not being parochial but I am very concerned about the imbalance.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Both Ministers are satisfied that the regional imbalance is being addressed in the way things are being done.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: Can we expect the EU infrastructure competitiveness figures that show us in the bottom 7% to change? How soon can we expect it to change?
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: With regard to the broadband plan, if the Minister tried to make a mobile phone call or connect to a meeting from Belmullet on a Monday he would find it extremely challenging and extremely unpredictable.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: It is not working in the way the Minister might-----
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: I have to correct the Minister. Our opposition was to the manner in which it was done.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: No, it is not.
- Committee on Budgetary Oversight: Summer Economic Statement 2023: Discussion (12 Jul 2023)
Rose Conway-Walsh: We are not against it, no.