Seanad debates

Tuesday, 25 March 2003

Finance Bill 2003 [ Certified Money Bill ] : Second Stage.

 

If I were to leave one thought in the Minister's mind today, it would relate to value for money in public spending. This need is not understood in the public service, nor has it been in the past. We can expect very little growth in tax revenues in the foreseeable future, as Senator Mansergh said. It may be hard to deliver even the tax yield currently expected. It thus becomes more critical than ever that we get a firm grip on public spending and prevent it from running completely out of control, as it has done so spectacularly in the recent past.

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