Written answers
Thursday, 6 April 2017
Department of Jobs, Enterprise and Innovation
InterTradeIreland Funding
Maurice Quinlivan (Limerick City, Sinn Fein)
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359. To ask the Minister for Jobs, Enterprise and Innovation the budget allocation for InterTradeIreland in each of the years 2014 to 2016 and to date in 2017. [17226/17]
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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As InterTrade Ireland is based in Newry, its working currency is sterling. Exchange rate fluctuations between the euro and sterling can therefore impact on the level of the Department's financial contributions to the Body.
The total amount of annual funding provided by my Department to InterTrade Ireland from 2014-2016 was as follows:-
Year | Amount |
---|---|
2014 | €7.762m |
2015 | €7.840m |
2016 | €7.560m |
The allocation for 2017 amounts to €7.960 million, of which €831,000 has been transferred to date.
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