Oireachtas Joint and Select Committees

Wednesday, 17 January 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Capital Supply Service and Purpose Report Bill 2023: Discussion

Dr. Ray Griffin:

-----for parliamentary budgetary oversight. We have made changes since then, including the capital tracker. In the United States, for example, there is the earmarking process. A lot of money is spent municipally or at the state level, not federally, but it is earmarked, whereby the politicians directly name the projects and do the pork barrel politics of who gets what. That is a very extreme example. In the United Kingdom they have a number of different mechanisms. The ministerial code is actually quite effective in that a minister has to announce to the parliament expenditure before announcing it in the media. They are quite disciplined in that. Then they also have periodic reviews and reporting, the kind one would expect from a company, an institution or a body.

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