Capital spending must not be hijacked by ‘new politics’
We desperately need new infrastructure, but we cannot allow special interests to dictate it
Minister for Finance Paschal Donohoe arrives for a Eurogroup meeting in Brussels, Belgium. Photograph: Olivier Hoslet
A decade ago, a recently-appointed senator commissioned a study from the Oireachtas research service which estimated that every journey on the Metro North over a 30-year period would cost taxpayers €22.
This was based on the proposed cost of the project and passenger projections and assumed that fares would cover the day-to-day running costs of the service.