The Sunday newspaper read by the better class of person tells us today [paywalled]:
Coalition frees up cash for construction
The government has signalled that it intends to spend more money next year on building projects in a bid to use spare cash, including savings from the promissory note deal, to stimulate the economy and promote job creation.
The Department of Public Expenditure has written to other government departments asking them to submit lists of capital projects in addition to what has already been planned.
The projects selected are likely to include housing, retro-fitting of housing stock, schools, local roads, primary care centres and other health facilities and it is hoped to boost job creation, especially in the decimated construction sector. It is likely that preference will be given to “shovel-ready” projects that can be progressed to the tender stage almost immediately.
I suppose it’s a change from piers and seed potatoes and other famine relief works. I wonder what the Department of Arts Heritage and the Gaeltacht will be digging out of its bottom drawer.
And I wonder whether 53 Percy Place, which was to be sold, and was expected to raise €1 600 000 for the Clones Sheugh, will still be in WI’s hands in a year or two.