Seanad debates
Wednesday, 26 November 2003
Book of Estimates 2004: Statements.
The gross allocation for Exchequer capital expenditure will be €5.5 billion in 2004, which is some 2.75 times the 1997 expenditure of €2 billion. Within this overall allocation for 2004, capital investment in the transport area on roads and public transport will be €1.6 billion, an increase of €1.3 billion, or 413%, over 1997. The Exchequer provision for capital investment in housing will be more than €1 billion, an increase of €766 million, or 275%, over 1997. This provision will be supplemented by more than €650 million of non-voted capital investment by the local authorities. Health capital investment in 2004 will be €509 million, an increase of €342 million, or 205%, over 1997. Capital investment in education will be €491 million, an increase of €327 million, or 199%, since 1997.
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