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Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Okay. What about the first five months of 2025?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: With reference to the deficit, is it planned to have large or underlying deficits going forward, taking out the windfall corporation taxes? The report says the underlying deficit will increase from €4.6 billion in 2025 to €6.8 billion in 2026. That is quite a significant underlying increase of €2 billion in the deficit next year.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Regarding capital expenditure, it is good the Department is increasing a lot. Does the Department look at investment returns on infrastructure projects such as roads or waste-water treatment plants? If we build a waste-water treatment plant there is a return because there are more houses, more VAT and roads obviously increase economic activity. Does the Department do investment appraisals...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Is that published anywhere?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: I would be interested in seeing that.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: The EU has a ceiling of 5.1% increase in expenditure. It is referred to in the PBOs document. Does that apply to all European countries or does each country get a specific spending ceiling? Also, does it take account of population increases?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: It is an Ireland-specific figure, then. It is not a blanket European-----

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: We come up with that ourselves.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: The outlook for expenditure growth in the five-year document is not adjusted for inflation, is it? They are absolute figures.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: I have a general question on the labour market. Are there plans to increase labour participation of people living in Ireland through training programmes, new career path opportunities or increased college places, particularly in the fields of medicine, nursing homes and dental service?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Is there anything in particular on nursing homes and training and a career path for people working in nursing homes?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: I have one more question before my time is up.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: On page four of the Minister for Finance's opening statement he said there is a current projection of an €8.7 billion surplus. How does that differ from the original projection in the budget this time last year?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: I thank the Ministers.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: I thank the Minister. Everyone is now dealt with, unless some of the other members return. The Minister touched on how it is not all about money and expenditure. Does he look closely at outputs? Going back to the infrastructure investment theme and what is put in versus what you get back out, does he look at outputs? It is not just about money; the outputs are more important. We can get...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Moreover, the movement of things has slowed. We published the revised national planning framework in April. We are going to feed down population targets to the councils. It goes through this test and legal delays and it is all so slow. The councils are sitting there waiting for their numbers so they can redo their development plans. It is all bureaucracy and red tape. That is nothing to...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Of course. I am ready to finish the meeting, unless other members have anything else to say. That concludes this session. I thank both Ministers and their officials for attending the meeting today.

Committee on Budgetary Oversight: Business of Select Committee (24 Jun 2025)

Edward Timmins: I thank the members. It is a great honour to be made Leas-Chathaoirleach. I even had the opportunity to sit in the Chair at the last meeting. I did not expect it to happen so quickly but I thank those who elected me and everyone here. I hope we all work well together.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Edward Timmins: Yes, and 2025 so far.

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Eligibility (19 Jun 2025)

Edward Timmins: 183. To ask the Minister for Employment Affairs and Social Protection if he will review and change the current very penal means test calculation on land or savings on, for example, the non-contributory old age pension; and if he will make a statement on the matter. [32897/25]

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