Table 6

How gross current expenditure will be allocated

Percentage

2003 Post-Budget

of Total

Gross

€m

€m

Expenditure

Service of National Debt

Interest (a)

1,961

5.4%

Sinking Funds

481

1.3%

Other debt management expenses

39

0.1%

2,480

6.8%

EU Budget Contribution

1,365

3.8%

Economic Services

Industry and Labour

1,195

3.3%

Agriculture

1,245

3.4%

Fisheries, Forestry

132

0.4%

Tourism

142

0.4%

2,714

7.5%

Infrastructure

146

0.4%

Social Services

Health

8,560

23.5%

Education

5,334

14.7%

Social Welfare

10,280

28.3%

Housing, Subsidies, etc.

400

1.1%

24,574

67.5%

Security

2,510

6.9%

Other

2,600

7.1%

Gross Current Expenditure

36,389

100.0%

Note that figures may not add due to rounding.

(a) Of the €2,480 million cost of servicing the National Debt in 2003, €2,230 will be met from the Exchequer and €250m will be met by reducing the assets of the Capital Services Redemption Account.