Multi-annual budgeting on capital programmes is a necessity. We have been very poor on this and there is a need to improve on our approach. A few years ago the then Government started a measure of multi-annual budgeting, but it was a disaster. It was never more than a loose guideline and was never adhered to. It did not provide a great deal more information than was previously available and it has effectively been discontinued. Perhaps the more intelligent and strategic approach is to select those programmes that clearly need multi-annual budgeting, such as capital programmes, and to proceed on that basis.