Dáil Éireann Debate, Thursday - 2 July 2015
14. Deputy Thomas P. Broughan asked the Minister for Public Expenditure and Reform when he will be making the promised capital expenditure statement; his key priorities for public capital expenditure over the next three years; and if he will make a statement on the matter. [26111/15]
View answerAs the Deputy will be aware, new multi-annual ministerial expenditure ceilings (both capital and current) for the years 2015 to 2017 were published in the Comprehensive Expenditure Report on Budget Day 2015. This Budget marked a move away from cuts to overall spending and allowed for some targeted increases in both capital and current expenditure. On the capital side, significant levels of Government investment were set out for the next three years to support Social Housing, Transport, Education, Health and the Enterprise Sector.
As I have indicated previously, my Department has undertaken a review of the public capital investment needs of the State for the five year period 2016-2020. The results of this review will be set out in the Medium Term Capital Investment Framework Report that will be published when approved by Government. It will outline the capital envelope for the period to 2020 and identify priority areas for investment and ensure that our limited resources are focused on the areas that can best support continued, sustainable and equitable growth.
