Seanad debates
Thursday, 12 December 2002
Appropriation Bill, 2002 [Certified Money Bill]: Second and Subsequent Stages.
It is clear that multiannual budgeting is required in certain areas. To a degree, the Department went through the exercise of trying to use multiannual budgeting for everything a number of years ago before basically abandoning the concept. In some cases it simply does not work, but there are some budgets which clearly have to be done on a multiannual basis. The budget for the roads programme immediately comes to mind. Multiannual budgeting for overseas development aid was quite successful until it was abandoned earlier this year. Health spending and improvement of health facilities is another area where multiannual budgeting is required.
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