Seanad debates

Wednesday, 5 November 2003

National Development Plan Mid-Term Evaluation: Statements.

 

Let me give an example of the starkness of this issue. The National Safety Council produced figures based on international experience which show that money invested in promoting road safety pays off at a rate of seven times what is invested. It is not a case of putting a price on the benefit of being alive rather than dead as a result of a road accident. We are talking about hard money figures in respect of the benefits which accrue directly to the State in terms of road safety. When challenged at a recent Oireachtas committee, officials from the Department of Finance admitted there was no room in their approach for a consideration of such cost-benefit analyses. In this day and age, that is a shocking admission. In the absence of a proper approach to costs and benefits, we can be sure that a great deal of the money invested by the State is badly spent and that some of it is wasted entirely. I would be a great deal happier if the energy generated by the publication of this review was directed to achieve better value for money than all the spending on the national development plan. Money has been dissipated on turf fights for a share of the cake. The danger is that the focus of attention is on such fights. While the Minister's heart is in the right place and he has to battle this problem, there is a challenge for us. We must ensure that we see the larger picture and grasp the opportunity to do something about it.

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