Oireachtas Joint and Select Committees
Thursday, 19 October 2023
Public Accounts Committee
Children’s Health Ireland and National Paediatric Hospital Development Board: Discussion
9:30 am
Mr. David Gunning:
Absolutely. Again, what makes this project more difficult is that those rates have to be applied in a compound sense. We provided the formula to the committee in the past. For example, the actual compound inflation applied in 2022, because of the higher number in 2021, was 14.79%.