Biggest Budget Correction in History of State
It has been reported that Minister Brian Lenihan will be announcing later today that the total correction required for Budget 2011 will be nearly doubled to between €5.5bn and €6bn, when only a few months ago the goverment was projecting a figure of €3bn, this is the largest budget correction in the history of the State. Full details will be announced in two weeks in the four year budgetary plan, followed by the budget on December 7.