Budget cuts will be well above €3bn - Lenihan
Updated: 11:56, Monday, 11 October 2010
Minister for Finance Brian Lenihan has said that the cuts in December's Budget will have to be well above €3bn.
This Week: Richard Downes, Washington Correspondent, spoke to Minister for Finance Brian Lenihan who says the IMF is behind the Govt in how it is tackling the recession
Minister for Finance Brian Lenihan has said that the cuts in December's Budget will have to be well above €3bn.
Speaking on RTÉ Radio's This Weekprogramme, Mr Lenihan said he welcomed input from Opposition parties into the process, once they accept the need to eliminate the gap between Government spending and income.
Mr Lenihan was in Washington this weekend for what he described as 'a routine meeting' of the International Monetary Fund.
He said the IMF accepted that the Government had taken the right steps to deal with the banking crisis
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