Oireachtas Joint and Select Committees
Thursday, 13 October 2022
Public Accounts Committee
2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
9:30 am
Mr. Ken Cleary:
This is not my area so I cannot say specifically, but my understanding is the April funding proposal was related to loanable funds as opposed to any grant funding, and often those loanable funds from the EU present little additionality in terms of their application in Ireland. As I said, my understanding is that what the Council agreed on 4 October is that there will be €20 billion worth of grants available, subject to the agreement of the Parliament and the Council, and Ireland's entitlement to that for grants will be 0.45%, or €89.6 million. We will then have to develop funding proposals-----