€19bn shortfall in state’s capital budget to derail flagship projects
Key infrastructure like Metro North, Dart, national road, rail and cycle projects are all under threat due to inflationary pressures, government is told
A black hole of at least €19 billion in the government’s capital budget will force national flagship projects to be delayed or dropped, the Irish Fiscal Advisory Council (Ifac) is warning.
Major infrastructure projects – including Metro North, Dart and national road, rail and cycle projects – are all under threat due to major inflationary pressures, the government has been warned.
A continued shortfall in corporation tax receipts, as confirmed in Friday’s exchequer returns, has ...