Saturday June 6, 2020

What will stay and what will go

Nicola Cooke investigates which areas of capital spending will be hit hardest by the four-year austerity plan

27th November, 2010

The government’s capital spending programme took a body blow last week, and will be pared back by about 25 per cent over the next five years.

While almost €6.8 billion will have been spent on capital infrastructure projects by the end of the year - including the completion of the inter-urban motorways - this spend is be cut by €2 billion next year. From 2012 to 2014, it will be reduced by a further...

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