Gross total expenditure for public service to amount to €53bn for 2014

first_imgTHE REVISED ESTIMATES for the public services were published today with the gross total expenditure for 2014 amounting to €53, 987 billion.Of this, the gross current spend is €49.6 billion – split between non-pay expenditure which is €32.2 billion and pay and pensions, which is €17.4 billion. Gross capital spend is €3.3 billion for the year.AdjustmentsIn a statement from the Department of Public Expenditure and Reform said that certain adjustments had been made in respect to the HSE and the establishment of the Child and Family Agency.€537 million current and €6.8 million capital will transfer from the HSE to the new Agency, while an additional €47 million has also been included for the HSE, being largely offset by savings in the Department of Social Protection.According to the revised estimates there is a sum of €132.6 million being carried over in capital savings from 2013 and is available for spending in 2014 under the multi-annual capital envelopes carryover facility.The breakdown of expenditure can be seen below:The  expenditure breakdown for pay and pensions can be seen in the chart below:To view the full report on the revised estimates for the public services, click here.Read: Bank levy will cost Bank of Ireland €40 million a year> Read: Dáil passes Social Welfare Bill which implements Budget 2014 cuts>last_img read more