Oireachtas Joint and Select Committees
Wednesday, 11 September 2019
Committee on Budgetary Oversight
Scrutiny of Tax Expenditures (Resumed)
Dr. Eddie Casey:
I might just run through the pre-commitments. The plans we saw in April were the clearest indication of the Government's plans for the year ahead. The increase they set out for the wider general government was €2.8 billion. Within that, €2.2 billion was already pre-committed, leaving €0.6 billion to be allocated. The €2.2 billion they had pre-committed was made up of things like carry-over costs of €300 million from the previous budget, public sector pay increases of €400 million, costs of €500 million due to demographic changes such as aging of the population, and capital increases of €700 million. There were some other adjustments due to how we account for general government treatments. That left them with €600 million. Within that, we saw that net tax plans were about €300 million and the remainder was €300 million of unallocated spending increases. In the interim, it seems they have allocated some of that unallocated €300 million. They have set aside €200 million in an expenditure reserve for the children's hospital and the broadband plan. That would suggest there is possibly just €100 million.
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