Defence set to be cut by €4m

SPENDING in the department of defence has been cut by €40 million, from €933m in 2011 to €893m next year, reducing to €890m by 2014.

The department already saw a €40m cut from 2010 to 2011.

According to the Government’s budget plan, savings will be realised through the further shedding of staff and other non-pay reductions. Together it is estimated that this will achieve €17m in savings during 2012. These reductions will be “sustained” up until 2012.