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Exchequer Savings

Dáil Éireann Debate, Wednesday - 4 June 2014

Wednesday, 4 June 2014

Ceisteanna (67)

Pearse Doherty

Ceist:

67. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform if he will provide, in tabular form, the carryover for the 2015 fiscal year in respect of the Haddington Road agreement and other expenditure measures. [23748/14]

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Freagraí scríofa

The Haddington Road Agreement contains provisions which, when fully implemented, will enable the delivery of savings totalling €1 billion by the end of the Agreement.  The total amount of allocated savings arising from the implementation of provisions under the Agreement was almost €300m in 2013.  A further €465m in savings was incorporated into the budgetary arithmetic for 2014, reflecting the full year impact of various provisions implemented in 2013, as well as measures which are to be implemented in 2014.  This brings the total amount of savings allocated to date under the Agreement to over €760m.  The rest of the €1 billion will arise over the remaining life of the Agreement; the bulk of this relates to the implementation of productivity and efficiency measures in the Agreement, and decisions about using the associated cash savings will be decided in the context of the Budget.

The Deputy has also asked whether there is a carryover impact into 2015 of other expenditure measures.  In overall terms the full-year impact of other measures introduced in the Expenditure Report 2014 is expected to be broadly equivalent to the 2014 impact. As the Deputy is aware, the Government will be publishing its Budget and Estimates in October, based on the up-to-date economic and fiscal outlook at that time.  It will set out the Estimates and all pay and non-pay measures as decided by Government for 2015 and the expenditure ceilings for the period to 2017.

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