Capital Infrastructure

A lack of investment in capital infrastructure, in social housing, in schools, in third level institutions, in roads and in internet connectivity is creating an Ireland with a more unequal society.

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Ireland needs capital investment

Sustained capital investment is one of the most instrumental elements of Government expenditure. It is crucial for Ireland both in terms of the competitiveness of our economy and the cohesiveness of our society. It allows geographic mobility and connectivity but also is essential for social mobility.

A lack of investment in capital infrastructure, in social housing, in schools, in third level institutions, in roads and in internet connectivity is creating an Ireland with a more unequal society.

While the Government claims to have sorted capital investment the reality could not be further from the truth. Our secondary and minor road network is at breaking point, hospitals and schools are falling apart, our National Broadband roll out is faltering and we have an immense and critical housing crisis.

Fianna Fáil’s plan for capital investment

  1. National Infrastructure Commission

    Establish a National Infrastructure Commission to implement Ireland 2040. This would oversee the implementation of long term capital plans.

  2. Regionally Balanced Investment

    Ensure that there is regional balance in future capital investment. Ireland continues to be divided between urban and rural areas. Rural towns and villages need to be reinvigorated.

  3. Social and Affordable Housing

    Build more social and affordable housing to tackle the housing crisis. Fine Gael’s record on this after seven years of Government has been appalling. Fine Gael have spent over €2.3 billion on housing since 2014 yet family homelessness has increased by 331% in that period.

  4. Alternative Funding Models

    Look at alternative funding models outside traditional taxpayer investment including private investment where appropriate.

  5. Reform Fiscal Stance Rules

    Work with our European partners to reform the European Fiscal Stance Rules surrounding capital investment with the aim of making more funding available particularly when a downturn occurs.

  6. New Powers for the C & AG

    Empower the Comptroller and Auditor General to oversee and assess the implementation and construction of major capital projects. This is vital for transparency but also to ensure that projects are getting done and are cost effective. Both the National Children’s Hospital and the National Broadband Plan highlight the need for this.

All Issues in The Economy

A Better Banking System

Ireland needs a fully functioning, competitive and stable banking system to support a growing economy and a more cohesive society.

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Capital Infrastructure

A lack of investment in capital infrastructure, in social housing, in schools, in third level institutions, in roads and in internet connectivity is creating an Ireland with a more unequal society.

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Corporation Tax

As a small open economy on the periphery of Europe, Ireland must remain a competitive place to do business.

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Creating Decent Jobs

Low pay and casual working arrangements prevent people from getting mortgages, entering rental agreements and being able to make financial commitments.

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Fiscal Stance

Ireland’s economic recovery has been remarkable and belongs to the people.

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Taxation

Fine Gael is determined to move to a US-style income tax system whereby taxes are cut for the richest in society.

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Strengthening Competitiveness

Competitiveness is essential as a means of achieving sustainable improvements in living standards and quality of life.

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Supporting SMEs and the Self-Employed

Ireland’s small and medium sized businesses (SMEs) are the back bone of our economy and employ nearly 1 million workers.

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