Michael Ring (Mayo, Fine Gael)

In 2011, there was €55.5 million outstanding. In 2008, this figure was €191 million. We have made great progress on the basis that a number of clubs and organisations are not drawing down funding simply because it would be very difficult in the current climate to obtain matching funding for their projects, which were conceived at the time of the Celtic tiger and were, therefore, expensive. We are pleased with the outstanding figure. The new round will be open in the next few weeks.

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