Seanad debates

Wednesday, 3 December 2003

Order of Business. - Budget Statement: Motion.

 

We are making a very significant investment in infrastructure, almost €28 billion since 1997 and we plan to spend €5.6 billion next year. As a percentage of our GNP, this is twice what is spent in the rest of the EU. However, we must also ensure that the taxpayer gets full value for this level of investment which requires a more focused and planned approach. In this regard, the Minister announced a new initiative today involving rolling five year multi-annual programmes for all investment areas.

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