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

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.

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