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New National Development Plan, €184 Billion: Vast increase in spending

Posted: February 05, 2007 01:19 am  
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The National Development Plan (NDP) 2007-2013 is the latest in a series of five-year spending plans by the Government, a practice since the 1960s. It is the replacement for the previous NDP 2000-2006, which had a budget of €57 billion. The huge increase in projected spending: for the 2007-13 plan: €54.6 billion for
investment in economic infrastructure; €49.6 billion for social inclusion measures (children, people with disabilities, etc.); €33.6 billion for social infrastructure (housing, health, justice, etc.); €25.8 billion for human capital (schools, training, higher education, etc.), and €20 billion for enterprise, science and innovation.n, etc., is puzzling, as evidence of a possible economic downturn intensifies.
It is to be expected that Public Private Partnerships (PPPs) will form a large bulk of these new contracts. Ireland ranks third in the world, after Britain and Australia, it looks increasingly likely that Ireland will soon be the world's leading laboratory for this transfer of wealth to global finance.
The general public are being prepared for large-scale borrowing increases to be announced after the next election, when the overall economic situation will suddenly worsen.
These public relations announcements about an endless and impossible economic boom stretching far into the future serve to mask huge transfers of resources: land, oil, gas to multinational corporations, actions that in the long run will have devasting consequences for Ireland, ..

With More Details:

http://www.ndp.ie/viewdoc.asp?fn=/documents/homepage.asp

http://www.finance.gov.ie/ViewDoc.asp?fn=/...tm&CatID=19&m=p

http://www.cso.ie/statistics/nationalingp.htm

http://www.cso.ie/statistics/keyecindireland.htm

http://www.ppp.gov.ie/

http://www.swp.ie/resources/PPPs.htm

http://www.nra.ie/PublicPrivatePartnership/
 
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