Plan to detail spending proposals

The Taoiseach has confirmed that the National Development Plan to be announced by the end of October will detail spending proposals…

The Taoiseach has confirmed that the National Development Plan to be announced by the end of October will detail spending proposals worth around £40 billion.

The total proposed spending has risen from £33 billion in a draft produced in June to £38 billion in July to some £40 billion now. The plan will spell out the intended spending on the social and economic development of the State during the 2000-2007 period.

An estimated £3.4 billion will come from EU structural and cohesion funds, with the remainder coming from the Exchequer.

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