Dáil Éireann Debate, Wednesday - 1 December 2010
111 Deputy Lucinda Creighton asked the Minister for Finance the status of Infrastructure Investment Priorities 2011-2016 in light of the Government’s four year plan; the reduction in allocated funding he envisages as a result of the current economic situation; the projects he expects to proceed and the projects that will not proceed in tabular form; and if he will make a statement on the matter. [45639/10]
View answerThe Capital Review published last July was based on a budget of €5.5 billion in each year from 2011 to 2016. Given the need for additional savings, further capital adjustments will be required. Of the total annual cumulative budgetary adjustment by 2014, lower capital allocations will contribute €3 billion. The investment framework set out in the Capital Review (Infrastructure Investment Priorities 2010-2106) has had to be reformulated, but the underlying priorities continue.
