Seanad debates

Thursday, 12 December 2002

Appropriation Bill, 2002 [Certified Money Bill]: Second and Subsequent Stages.

 

The Vote for the new Department of Transport requires a net Supplementary Estimate of €100 million. The gross requirement was €126 million which was offset by savings of €26 million. The main item is significant additional funding on road maintenance and improvement. The Government has devoted considerable resources to the national roads programme with investment of approximately €2.62 billion over the period 2000-02. The unprecedented level of activity has resulted in higher than anticipated levels of expenditure in 2002 which has necessitated a Supplementary Estimate this year of €125 million in respect of grants payable to the National Roads Authority. The bulk of the additional expenditure arises on schemes in progress or now completed and public-private partnership schemes at tender stage.

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