Budget plans to take account of 're-occurring health overspend'

Increases in core spending required to take into account the fallout from inflation, Oireachtas committee told

Public Expenditure Minister Paschal Donohoe told TDs that health overspending was being 'treated very seriously by the Government' as it seeks to understand the amounts of spending that would re-occur next year. 

Finance Minister Michael McGrath and Public Expenditure Minister Paschal Donohoe have said the scale of next month's budget will be required to offset the effects of soaring inflation, as the Government seeks to understand the potential fallout of overspending in health.    

The budget will also take into account the likelihood that the "extraordinary" growth rates in corporation tax revenues would in time fall back, the ministers told the Oireachtas budgetary oversight committee.