Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

-----which I have just explained. In addition, we have public capital plan commitments and Irish Water commitments which will take up fiscal space of €300 million. That takes us to the €3.2 billion figure. In addition to that, we have further expenditure commitments that were made after last year's summer economic statement. They consist of €700 million of fiscal space that has two different components - the need to take account of the public service stability agreement, which was not ratified at the time of last year's summer economic statement, and the carryover commitments of budget 2018 measures, which is €300 million. That accounts for the €700 million. On top of that we have additional capital commitments of fiscal space which are €600 million. That takes account of capital grants of €200 million and gross fixed allocation capital formation of €400 million. That is €600 million. All of that added together accounts for the €1.4 billion I gave in reply to Deputy Doherty, which then leads to a balance of €1.8 billion.

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