Oireachtas Joint and Select Committees
Tuesday, 11 June 2024
Joint Oireachtas Committee on Foreign Affairs and Trade, and Defence
Dóchas Pre-Budget Submission: Discussion
Ms Jane-Ann McKenna:
We are saying that our estimation is that the Government would need to spend €292 million in budget 2025 to put us on track to achieve that by 2030. In order to achieve 0.7% of GNI by 2030, we are looking at that level of increase year on year that is required in our budget. It is not a small amount. I thank the Cathaoirleach for having us here today because we really want to demonstrate why it is so important, who the people are behind the figures and why this is a key area in which we need to put more resources in order to put us on track for approximately 0.37% in 2025 and then to keep growing that percentage year on year.