Oireachtas Joint and Select Committees
Thursday, 14 July 2022
Committee on Budgetary Oversight
Summer Economic Statement 2022: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Has the Department of Public Expenditure and Reform run the numbers based on inflation? The target in the national development plan is 9,100 social, affordable and cost rental homes from next year. The Department has provided an allocation of €3.516 billion. This was when inflation was quite level at less than 2%. Now inflation is running at almost 10%. Has the Department estimated what the additional allocation would need to be and whether it is carryover or Exchequer allocation? The Minister mentioned the Department may be able to spend it all. What if it does spend it all? Where will the money come from then?
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