Oireachtas Joint and Select Committees
Thursday, 7 March 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
National Children's Hospital: Discussion with Department of Public Expenditure and Reform
Mr. Robert Watt:
Yes. The capital profiles are set out and a key component of the budget. This year there will be a capital spend of €7.5 billion to €8 billion by the Exchequer. It is included within the overall expenditure of the State of almost €70 billion and general government expenditure of almost €80 billion. Clearly, it is a key element of the accounts of the State for a given year and has an impact on the underlying surplus-deficit balance position. Of course, it has implications for how people look at the credit worthiness of the State.
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