The latest fiscal monitor, published on 6 May, showed that at the end of April gross voted expenditure amounted to €36 billion. This is a €2.9 billion, or 8.9%, increase compared with April 2025 and reflects the implementation of the priorities set out in budget 2026 and the significant uplift in expenditure to support programme for Government commitments. Compared with the profiles set out by Departments for their planned spending over the year, this was €600 million, or 1.8%, below profile.
Looking at the composition of spending, current expenditure at the end of April was €32.3 billion, which was €250 million, or 0.8%, below profile. Capital expenditure was €3.8 billion, which was €400 million, or 9.5%, below profile.
It is early in the year to say what spending levels seen to date might mean for the end-year position. My Department is in ongoing contact with all finance officers to monitor and review expenditure trends. While the overall expenditure position at the end of April is within profile, the end-of-April current expenditure year-on-year growth rate of 9.3% will need to moderate over the year.
Ensuring that public money is spent efficiently, and that taxpayers see clear outputs and outcomes from public spending, is a core priority for my Department and for the Government. The Government agreed a medium-term fiscal and structural plan last December, which set out ceilings for the period to 2030. It provides for significant uplifts in expenditure, with gross voted spending to reach €147.3 billion in 2030. To ensure we progress across this structural plan, there is a need for strengthened expenditure control and renewed fiscal discipline. It is the responsibility of the Accounting Officer in each Department to ensure that they manage their expenditure allocations sustainably and in accordance with the allocation approved by the Dáil.
My Department recently issued Circular 21/2026, Expenditure Control and Escalation Process, to all Government Departments. It reinforces other recent measures to strengthen expenditure control, provides a clear framework for managing expenditure and sets out phases for escalation if spending overruns emerge. Where expenditure pressures persist, the circular sets out a framework for when and how my Department will engage with respect to other Government-----