Oireachtas Joint and Select Committees

Tuesday, 1 July 2025

Committee on Budgetary Oversight

Fiscal Assessment Report: Engagement with the Irish Fiscal Advisory Council

2:00 am

Mr. Seamus Coffey:

Yes. We made an assessment that we expect on a no-policy-change basis, although we are expecting further policy announcements as the year progresses, that there will be €2 billion of overruns in 2025. Much of that will be driven by the Department of Health because overruns in 2024 were not factored in. Deputy Timmins referred to population growth. The health services are very much demand driven, but it we can see the population growth, the demographics and the spending from last year, we should be able to incorporate that into our plans for this year.

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