Jan O'Sullivan (Limerick City, Labour) | Oireachtas source

First, the Department is monitoring the position carefully and, as I indicated in my initial reply, a commitment exists to examine all unallocated funding at 31 August with a view to reallocating money. Consequently, the Minister would consider it prudent financial management to ensure he does not ask them to enter into contractual arrangements that could not be honoured. The intention is to monitor carefully, at 31 August to reallocate money that apparently will not be spent and to impress upon all the various bodies and local development companies that in the first instance, they should ensure they allocate fully and second, they should ensure full expenditure.

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