Significant Changes to the Public Spending Code

?Significant changes have been made to the Public Spending Code. And more changes are on the way. Pascal Donohue, Minister for Public Expenditure, National Development Plan Delivery and Reform, shared this information in a recent Press Release. More detailed information appeared on an official circular from his department. When all the changes have been made, the approval and roll-out of projects will then be made under a new set of Infrastructure Guidelines and not under the existing Public Spending Code. ?There are several reasons why the process has been reviewed. The world in which the Code operated changed dramatically over the course of the past three years. In particular, the delivery of projects under the National Development Plan slowed with COVID-related pauses in the construction sector. Then there have been the inflationary impacts from both COVID-19 public health measures and the war in Ukraine. These developments had adverse effects on the supply chain for construction materials. In the light of these developments, key support structures available across Government were reviewed with the objective of maximising delivery of infrastructure. For my full blog go to the website of Public Affairs Ireland to access https://pai.ie/significant-changes-in-the-public-spending-code/