Rose Conway-Walsh (Mayo, Sinn Fein)
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552. To ask the Minister for Enterprise, Trade and Employment the reason for current expenditure running €202 million behind profile, as outlined in the Mid-Year Expenditure Report; and if he will make a statement on the matter. [37479/23]

Simon Coveney (Cork South Central, Fine Gael)
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The Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe published the Mid-year expenditure report on 19th July 2023. The report highlighted that my Department's current expenditure was running €202 million behind profile.

The main driver of this underspend in Current expenditure versus profile arises in:

• Subhead A18: TBESS: Non-Pay (€195.293m behind profile) variance relates to the difficulty in estimating uptake of the scheme.

The June 2023 expenditure returns for the DETE vote excluding the once-off non-core TBESS scheme, demonstrate an underspend of 4% on core current allocation.

My department will continue to monitor the spending of its exchequer allocation across all business areas to deliver on our key strategic policy objectives.