Written answers
Thursday, 25 September 2008
Department of Finance
Departmental Expenditure
5:00 pm
Seán Barrett (Dún Laoghaire, Fine Gael)
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Question 44: To ask the Minister for Finance the capital projects referred for reconsideration under his decision of July 2008; the number which have been postponed; and the number given the go ahead. [31454/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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In response to the deteriorating position of the public finances, the Government decided on 8 July 2008 to introduce a range of cost-saving measures in 2008 and 2009 including some capital savings. As I indicated to the Dáil in July 2008, the capital savings in 2008 and 2009 are comprised of the elements set out in the table below:
| Capital Savings 2008 and 2009 | ||
| € million | Description | |
| 2008 | ||
| Arts Sport and Tourism | 4 | Deferral of some tourism and cultural projects |
| Environment, Heritage and Local Government | 40 | Defer Gateways Innovation Fund (GIF) |
| Finance Group – OPW | 75 | Mainly decentralisation |
| Transport | 20 | Savings across a range of capital projects |
| 2009 | ||
| Environment, Heritage and Local Government | 100 | Defer Gateways Innovation Fund (GIF) |
| Finance Group – OPW | 105 | Mainly decentralisation |
| Various Vote Groups | 105 | Various capital projects deferred |
Other issues relating to capital investment under the NDP are now being considered in the context of the Budget.
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