Michael Ring (Mayo, Fine Gael)
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Question 560: To ask the Minister for Finance the annual breakdown of expenditure and forecasts for each region for exchequer and EU spending in the NDP programme period to 31 December 2006; and if he will make a statement on the matter. [2086/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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The table below sets out the annual indicative Exchequer and EU expenditure forecasts at regional level which were set in 2000 when the Operational Programmes were being prepared. The table also sets out the Exchequer and EU expenditure to end June 2006 as reported to the NDP/CSF Monitoring Committee at its most recent meeting in December 2006. The position will become clearer when data is available for the full calendar year following the Spring 2007 meetings of the Operational Programmes Monitoring Committees in the April/May period. The final position will not be available until expenditure under the Plan is completed in 2008 as provided for under EU rules.

The data indicates that €41.8 billion of Exchequer and EU expenditure had been incurred by the end of June 2006. The report to the Monitoring Committee indicates that a further €4,790 million will be incurred from July 2006 to December 2006 or €5,633 million from July 2006 to the end of the Plan in 2008. The final Exchequer and EU commitment is expected to be in the region of €47.5 billion, €2.9 billion ahead of the original forecast.