Oireachtas Joint and Select Committees
Thursday, 8 February 2018
Joint Oireachtas Committee on Housing, Planning and Local Government
Reclassification of Approved Housing Bodies: Discussion
9:30 am
Mr. John McCarthy:
The fiscal space is calculated on the basis of the change in expenditure. Let us say that under the technical calculations the Commission says that spending can grow by 2.4% for this year and that worked out at X billion - I cannot remember the number off the top of my head. The figures for expenditure growth will still be 2.4% this year because the €250 million is included in last year's expenditure and this year's expenditure. There is no change in the level of expenditure arising from the AHBs.
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