Ireland to tap multinational tax windfall to hike infrastructure spending by 30%
Ireland has for years failed to turn a multinational-driven corporate tax boom into improving creaking energy, water and housing supply. The IMF recently estimated that Ireland's infrastructure lags competitor economies by around 32%.
"We believe that there's a need to immediately implement a step change in the scale and quality of public investment in critical sectors," Prime Minister Micheal Martin told a news conference on Tuesday.
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