Dáil Éireann Debate, Wednesday - 16 September 2020
40. Deputy Mairéad Farrell asked the Minister for Public Expenditure and Reform if he will address a matter (details supplied) regarding a difference in spending figures between the July Stimulus plan and the Budget 2020 economic and fiscal outlook [24274/20]
View answerThe €1 billion increase refers to the increase in Exchequer capital spend between the sum budgeted for 2020 and the sum budgeted for 2021, which the Deputy will see in Appendix 7 of the 2020 REV.
Gross Fixed Capital Formation (GFCF) is a technical statistical classification, which may differ in detail from the Exchequer figures. For example, Exchequer spend on certain schemes such as capital grants to assist farmers or assistance to householders installing home insulation will not be included as public GFCF.
