Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

The entire programme value in 2013 is €370 million. The expenditure to date in October 2013 is €213 million. The balance to be paid is €157 million. The balance to be paid in 2013 is €30 million and the capital carry-over in 2014 will be €50 million. Therefore the allocation of €14 million in 2015 makes up for that. There is a gap in funding at the end of the programme of about €63 million. We will be examining how we can maximise all the elements of Leader funding in terms of commitments and drawn down before the end of the programme.

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