Oireachtas Joint and Select Committees

Thursday, 5 October 2023

Public Accounts Committee

Health Service Executive: Financial Statements 2023

9:30 am

Mr. Stephen Mulvany:

The last increase over the past four years was about €200 million. This was partly because over those four years from 2019 to 2022, the HSE delivered something like a €73 million surplus, but because we were not enabled to retain those surpluses - a €200 million surplus one year - because, according to the legislation, keeping a surplus requires the approval of the Minister for Health.