Written answers
Tuesday, 18 September 2018
Department of Jobs, Enterprise and Innovation
IDA Ireland Funding
Maurice Quinlivan (Limerick City, Sinn Fein)
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351. To ask the Minister for Jobs, Enterprise and Innovation the capital expenditure for IDA Ireland under the National Development Plan 2018-2027 in each of the years 2019 to 2023; and if she will make a statement on the matter. [37223/18]
Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The National Development Plan sets out a high-level financial and budgetary framework, which includes indicative Exchequer allocations, for each Ministerial Vote Group, over a five-year period from 2018 to 2022. The indicative allocations provided for my Department in the Plan are set out in the following table:
| 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| €555m | €620m | €630m | €640m | €715m |
The precise budgetary Ministerial capital ceilings for the years 2019 to 2022 and beyond will be determined as part of the relevant annual estimates processes.
As regards IDA Ireland the Revised Estimates Volume 2018 as published by the Department of Public Expenditure and Reform allocated a total of €132 million in capital funding to IDA Ireland for 2018. As advised the capital allocations for IDA Ireland for 2019 and beyond will be determined as part of the relevant annual estimates processes.
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