Ministers 'told to be realistic with Budget demands'

Ministers 'told to be realistic with Budget demands'

Government Ministers have been told to be realistic about the amount of extra money available to them in next month's Budget.

Public Expenditure Minister Brendan Howlin made it clear at today's weekly meeting of the Cabinet that he has a limited amount of money to distribute.

Finance Minister Michael Noonan also re-iterated that he has only a certain amount of flexibility when it comes to cutting taxes.

The Taoiseach and Tánaiste reminded Ministers that the maximum extra money available is €1.5bn.

Meanwhile, the Economic Management Committee has also signed off on five-year capital plan.

A special Cabinet meeting is likely to take place to approve the planned investment in infrastructure in projects in transport, health, education and other areas.

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