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09/06/2016
Govt Expenditure Ceiling Increased By More Than €500m
Approval has been granted to increase the proposed Government Expenditure Ceiling for 2016 by more than €500 million.
The announcement was made on Wednesday by the Minister for Public Expenditure and Reform, Paschal Donohoe.
"The Revised Estimates for Public Services 2016 published in December 2015, set out a gross expenditure estimate of €55.3 billion for 2016. The increase of €540 million agreed by Government today will allow for targeted increases to support the delivery of key services in the Health Sector and by An Garda Síochána," Minister Donohoe said.
"As outlined in the April Stability Programme Update increases of this order can be provided while continuing to deliver against the key fiscal targets. It will be important that Departments continue to prudently manage expenditure within the allocations now proposed for 2016."
(MH/LM)
The announcement was made on Wednesday by the Minister for Public Expenditure and Reform, Paschal Donohoe.
"The Revised Estimates for Public Services 2016 published in December 2015, set out a gross expenditure estimate of €55.3 billion for 2016. The increase of €540 million agreed by Government today will allow for targeted increases to support the delivery of key services in the Health Sector and by An Garda Síochána," Minister Donohoe said.
"As outlined in the April Stability Programme Update increases of this order can be provided while continuing to deliver against the key fiscal targets. It will be important that Departments continue to prudently manage expenditure within the allocations now proposed for 2016."
(MH/LM)
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