Seanad debates

Wednesday, 7 April 2004

CLÁR Programme: Statements.

 

1:00 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)

That leveraged out as a further €21 million which would not have been spent in CLÁR areas, giving a gross extra spend in CLÁR areas of about €40 million. The Estimate for 2004 involves €13.490 million and we estimate that approximately €70 million will be spent under the CLÁR programme over the next five years. In total, the spend will be €90 million over the life of the scheme. When one calculates that this figure leverages out as €1 for every €1 spent, one will find that we are talking about €180 million in extra money. This is having a considerable effect on the ground, particularly in the peripheral areas which have suffered the greatest neglect over the years.

Comments

No comments

Log in or join to post a public comment.