Cabinet signs off on extra €2.25bn in capital spending

Transport, health and education are set to be the biggest beneficiaries of additional funding to the National Development Plan

Paschal Donohoe has been negotiating with ministers for weeks on their new capital ceilings. Picture: Fergal Phillips

Cabinet has signed off on the allocation of an additional €2.25 billion in capital spending for various departments across the next three years.

Paschal Donohoe, the public expenditure minister has been locked in secretive negotiations with various departments for weeks over their allocation of funding for the next phase of the National Development Plan (NDP), with spending being allocated for the 2024–2026 period

While departments had been looking for capital spending increases which together amounted ...