If we don’t slash and burn now someone else will do it for us later

The OPW is renting – at high cost – dozens of unoccupied buildings, partly arising out of the aborted decentralisation scheme. It’s a disgrace. Heads should roll. I would issue an edict to terminate such leases forthwith.

If we don’t slash and burn now someone else will do it for us later

The minister for finance should negotiate a 25% reduction of all property rents

THE debate on public finance stabilisation needs to get real. The post-budget book of estimates for 2009 sets out current expenditure of €56.6bn (up 6% on 2008) andcapital spending of €7.3bn. This €64bn contrasts with tax revenue expectation of €36bn. You don’t need a degree in economics to cop the €28bn shortfall. This year we’ll borrow the balance.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited