Oireachtas Joint and Select Committees

Thursday, 1 July 2021

Committee on Budgetary Oversight

Capital Investment: Department of Public Expenditure and Reform

Mr. Ronnie Downes:

I might ask my colleague Mr. Meaney, head of the national investment office, to comment on that in a moment. It is probably too early, at this stage of the year, to give any specifics. As we are not yet at the summer break, it is early to say whether and to what extent Departments are likely to carry over money to 2022. Our role as a Department is to do our best to encourage every Department to spend the money allocated. We allocate the money because we want it to be spent, not to be saved and carried over to a future year. Mr. Meaney might have some more specifics.

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