Oireachtas Joint and Select Committees
Wednesday, 22 May 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of EU Proposals
Mr. Dermot Ryan:
If it is helpful, the five areas for which funding is provided under this instrument are: explosives with a projected portfolio budget of €224 million; powder, at €248 million; shells, at €90 million; missiles, at €50 million; and testing and reconditioning certification of about €2 million. They are the purposes for which this regulation is in place. It is in place, as Commission colleagues and I have said, for two years. It will come to an end in 2025 once this money has been expended on those areas and those stocks have been replenished.