Prudent borrowing for public investment makes eminent sense. It smoothes the economic cycle and helps to avoid boom-bust economics. This is what the Irish economy requires right now. Naturally we need to get value for money in return for public investment. We must take a serious look at the systems and institutions in place for managing infrastructural investment in particular. Are they effective, are they efficient and how do they compare with their European counterparts? Do they need to be overhauled? The Government must ask itself these questions and provide proper answers.