Oireachtas Joint and Select Committees
Tuesday, 28 May 2019
Committee on Budgetary Oversight
National Broadband Plan: Minister for Public Expenditure and Reform
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Sure, but we have the Minister's projections for revenue out to 2023, which are only a month old. They arrived in the stability programme update last month. In effect, there is an extra €700 million that must be found over that period for the broadband plan. What the Minister is saying here is that it will be from future revenues and that he has already forecast what those revenues will be so the impact will be a smaller surplus or increased borrowing if things take a turn for the worst. That is simple mathematics.
No comments