Oireachtas Joint and Select Committees

Wednesday, 31 January 2024

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2024
Vote 11 – Office of the Minister for Public Expenditure and Reform (Revised)
Vote 12 – Superannuation and Retired Allowances (Revised)
Vote 14 – State Laboratory (Revised)
Vote 15 - the Secret Service (Revised)
Vote 17 – Public Appointments Service (Revised)
Vote 18 – National Shared Services Office (Revised)
Vote 19 -the Office of the Ombudsman (Revised)
Vote 39 - Office of Government Procurement (Revised)
Vote 43 – Office of the Government Chief Information Officer (Revised)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Deputy’s question refers to the analysis that was done by, I believe, the Irish Fiscal Advisory Council. Is that correct? The council was speaking about the impact of cost-price inflation on the delivery of projects. This issue is manifesting itself by Departments making the case at the moment for more money to fund capital commitments in the coming years. I am engaging with Ministers on that. I am more optimistic now about the impact of inflation on procurement projects in the time ahead than I was six months ago. We are beginning to see some signs in tendering of cost-price inflation beginning to moderate. I hope the scale of the difficulty is not in line with the expectations of IFAC. This issue is manifesting itself by Departments making the case for more capital funding to deliver projects to which they are committed. I am working with them on that.

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