Oireachtas Joint and Select Committees
Wednesday, 19 October 2022
Committee on Budgetary Oversight
Post-budget 2023 Examination: Discussion
Mairéad Farrell (Galway West, Sinn Fein) | Oireachtas source
That is very interesting. We are talking about renewable energy but that can apply to other aspects of the different crises we are dealing with.
Professor Kinsella mentioned the importance of performance budgeting. I am interested in spending that occurs through public procurement. Annually, we spend a huge amount of money on this - €20 billion, according to one source - but there is a serious lack of data on it. The Office of Government Procurement's tendering and spend analysis only comes out every few years. The European Commission discusses using public procurement for strategic industrial policy purposes and we even have things like green public procurement but I am not sure how we can use it for a strategic purpose when the right data analysis is not there. Is this an area we need to improve on in terms of performance budgeting?
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