The latest exchequer data indicates that Government spending rose by 7.4% to €64.9 billion in the first seven months of this year. Minister for Public Expenditure Jack Chambers is promising a major clampdown on spending and warning Government departments that they will face greater sanctions for breaching their spending allocations. The watchdog, Ifac, responded to the data indicating that Government spending rose by 7.4 per cent to €64.9 billion in the first seven months of this year. The council also mentioned that sizeable overruns are likely, especially in health, where current spending was overrunning by €400 million as of July. The Government is already forecasting overruns in departmental budgets of €700 million this year, but Ifac said these could stretch to €850 million and beyond. Much of the overrun stems from an overspend in health and comes amid suggestions that the budgetary allocation for hospitals this year remains at the 2025 level despite the increased demand.
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