Michael McGrath (Cork South Central, Fianna Fail)
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During the first quarter of 2022 net voted expenditure amounted to €15.2 billion and was €0.4 billion or 2.3% below profile. This variance was largely driven by capital expenditure. Net current expenditure was €63 million or 0.4% below profile, while capital expenditure was €302 million or 21% below profile.

Regarding current expenditure, Health expenditure at €4.9 billion was 0.6 % or €30 million below profile. Social protection net expenditure at €3.3 billion was €43 million or 1.3% over profile, similarly education expenditure was €37 million or 1.7% above profile.

On the capital side the Department of Housing is below profile by €101 million or 41.0%. This is largely due to capital carryover being utilised on local authority housing and the Capital Advance Leasing Facility running behind profile because of fewer than expected claims being submitted from the local authorities to the Department of Housing in March. The Department of Environment, Climate and Communications are also running behind profile by €167 million or 34.3%, largely due to the timing of the payment for the Energy Credit for domestic accounts to ESB Networks.