Paschal Donohoe ‘confident’ reforms of health spending will be implemented
The Minister for Public Expenditure is “confident” health overspends will be reined in, despite warnings from the State’s fiscal watchdog.
Overruns in current health spending were at an unprecedented level of €1.4 billion at the end of July this year.
The Irish Fiscal Advisory Council (Ifac) warned that the health overspend could go above €2 billion this year.
Minister Paschal Donohoe said the exceptional level of health overspend in the first half of the year necessitated a different response to previous years.
As part of the Summer Economic Statement, the Government agreed to provide the health sector an additional €1.5 billion for the health sector in 2024.
In addition, a further €1.2 billion will be allocated in 2025 for existing level of service costs.
The HSE and the Department of Health have agreed that this additional funding will provide an opportunity to strengthen financial planning and governance.
However, Ifac has previously warned that if overruns…
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