Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Deputy for the question As he says, Table 4 sets out the total package for next year, which is of the order of €4.7 billion. The amount that is essentially pre-committed, whether it be by demographic costs, public service pay, existing levels of services etc., is of the order of €2 billion. Then there is the increase in capital expenditure of €1.1 billion that we are providing for. That is what leaves the €1.5 billion for new measures on the taxation and expenditure front.

In answer to the Deputy's specific question about the allocation of the increase in the capital expenditure, the details of that will be confirmed in the national development plan and the housing element in Housing for All, but we have agreement between the Department of Housing, Local Government and Heritage, my Department and the Department of Finance on the funding that is required to deliver Housing for All. I look forward to finalising the revised national development plan, NDP, ceilings. We will set them out at departmental level out to 2025. That will go to Cabinet before the end of July so that we can finalise the drafting element of the remainder of the NDP with a view to publishing it in September.