Seanad debates

Tuesday, 18 February 2003

Finance and Related Matters: Statements.

 

It is in our own hands as to whether our political reality can cope. It is in the Government's hands and just as much in the hands of the Opposition. There is a linked problem of value for money in public expenditure. We can expect little growth in tax revenues in the foreseeable future. We may have difficulty getting the tax yield to deliver even what is expected now. That is why we must look at cost benefit analysis in everything. We must get value for money in public expenditure. For example, we have pumped money into trying to reduce the waiting lists in hospitals and as far as I can see the figures do not show that there has been any impact on the problem. We must take control of that aspect of public expenditure in order to solve the problems and create the future we deserve.

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