Seanad debates

Thursday, 21 November 2002

Book of Estimates, 2003: Statements.

 

This is of far more than academic interest because it determines the base for next year. We could end up spending more than €1 billion more than the €29 billion forecast for this year, by which the Minister still stands, and if we do, it means that the 2% increase projected last week will amount to a quite considerable real decrease in terms of the amount being provided for next year. The base with which we end up this year is important in determining the relationship between that figure and the amount provided for next year. I would like to know how the Minister does this.

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