Thursday August 6, 2020

McGrath warns departments to spend €500m earmarked for building projects

Minister says he will ‘take a very dim view’ if the money is not spent on shovel-ready projects before the end of 2020

Michael Brennan

Political Editor

26th July, 2020
Michael McGrath told the Business Post that he wanted to see government departments and agencies spend the €500 million in new capital funding this year

Minister for Public Expenditure Michael McGrath has warned government departments that he will take a “dim view” if they do not spend all of the €500 million available for shovel-ready projects this year.

The new funding, which forms part of the July stimulus plan, is designed to provide work quickly for construction workers, whose industry has been hit by the Covid-19 restrictions.

McGrath told the Business Post that he wanted to see government...

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