Infrastructure
Eased infrastructure spending rules will ensure €12.5bn capital budget is spent, Donohoe says
Minister for Public Expenditure has secured cabinet approval to cut the number of approval stages for major developments as part of plan to speed up delivery of schools, hospitals and roads
Paschal Donohoe, the Minister for Public Expenditure, has said that the relaxation of spending rules for large public infrastructure projects is aimed at ensuring that this year’s record capital budget of €12.5 billion is fully spent.
Last year, government departments were unable to spend €690 million of the state’s €11.5 billion capital budget for new houses, roads, hospitals, schools and other developments.
This money has been carried over, bringing this year’s capital budget to €12.5 ...