Oireachtas Joint and Select Committees
Thursday, 23 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund
9:30 am
Dr. Deirdre Lillis:
On the ESF funding generally, it is a receipted fund in that it is a core financing model. The State pays up front and we claim back from the EU, and that is the high-level model on it. Specifically regarding the reduction in the number of receipts in 2022, there were a number of reasons for it. There was an accelerated drawdown of ESF receipts in 2021 effectively, which was part of the European response to the Covid-19 pandemic payment-----