Written answers

Wednesday, 21 November 2007

Department of Enterprise, Trade and Employment

Semi-State Bodies

9:00 pm

Photo of Damien EnglishDamien English (Meath West, Fine Gael)
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Question 230: To ask the Minister for Enterprise, Trade and Employment the budget for the IDA in 2007; and the amount spent to date, with a breakdown of this figure for each county in tabular readable form. [30142/07]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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For the year 2007, the total budget for IDA Ireland, covering the Agency's capital and current spend, was €296.761m. made up of €140.743m. from the Exchequer and €156.018m. own resource income. Of this figure an amount of €116.669m. has been spent up to 31st October 2007. It should be noted, however, that grant payments to industry, which comprise the major portion of IDA's capital expenditure, are demand driven and the majority of such payments are made in the fourth quarter of the year.

Figures are not broken down on a county-by-county basis. The Agency's Financial Statements are published in the IDA Annual Report. The latest Annual Report for the Agency is in respect of the year ended 31 December, 2006. This document has been placed in the Library of the Houses of the Oireachtas.

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