James Reilly
Ceist:87 Deputy James Reilly asked the Minister for Finance if he will provide a breakdown on the way €4 billion was saved in this year’s budget; and if he will make a statement on the matter. [20804/10]
Amharc ar fhreagraWednesday, 19 May 2010
Ceisteanna (62)
Freagraí scríofa
Budget 2010, presented to the Dáil on 9 December last, set out a multi-annual framework to restore sustainability to the public finances and to reduce the General Government Deficit to below 3% of GDP by end-2014. The Budget delivered an adjustment of €4 billion (2½% of GDP) for 2010 which, given previous adjustments was focused on reductions in expenditure. It included measures to further reduce the public sector pay bill with payroll savings of over €1 billion, to reduce Social Welfare spending with savings of €760 million identified, and various reductions in programme spending in other Government Departments. An adjustment on capital expenditure of €961 million also formed part of the overall savings.
The expenditure adjustments contained in Budget 2010 are broken down by Government Department on page B.8 of the Summary of 2010 Budget Measures. In total the expenditure adjustments amount to just over €4 billion. Further details in relation to these adjustments are contained in pages B.9 to B.15 of the budgetary documentation. The Revised Estimates Volume (REV) published on 18 February last provides a more detailed breakdown of the expenditure allocations for each Department and Vote in 2010.
The taxation adjustments included in Budget 2010 are outlined on pages B.5 to B.7 and in total amount to some €126 million in a full year. The budgetary documentation is available at www.budget.gov.ie.