Brendan Smith (Cavan-Monaghan, Fianna Fail)
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69. To ask the Minister for Public Expenditure and Reform the total funding that will be provided by the European Union and by the British and Irish Governments for the Peace IV programme; when this programme is likely to be operational; and if he will make a statement on the matter. [4756/14]

Brendan Howlin (Wexford, Labour)
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As a result of the efforts of the Irish Government,  a special allocation of €150 million (2011 prices) for a new cross-border PEACE programme  was included in the 2014-2020 round of Structural Fund.  The Secretary of State for Northern Ireland has indicated that an additional €50m for PEACE IV will be provided from within the UK s overall ERDF allocation.   Member States will then contribute match funding at the rate of 15%.

The Programme is  currently being developed by the Special EU Programmes Body, in close consultation with Irish and Northern Ireland  Government Departments, and is expected to be approved by the EU Commission by the end of 2014.