Written answers
Thursday, 29 February 2024
Department of Finance
EU Funding
Holly Cairns (Cork South West, Social Democrats)
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168. To ask the Minister for Finance to provide a breakdown of all EU funding made available to his Department which has not yet been allocated; and the purpose for which this funding has been made available by the EU. [9805/24]
Michael McGrath (Cork South Central, Fianna Fail)
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My Department does not have responsibility for the management of specific EU funds, which are managed individually by Departments with the relevant lead policy responsibilities.
That said, my Department plays a key role in the management of the EU budgetary process. This includes leading negotiations on the annual EU Budget as well as forecasting Ireland’s contributions and processing Ireland’s payments into the EU Budget.
In addition, my Department has a leading role in Ireland’s participation in negotiations of the medium term EU budget plans, know as Multiannual Financial Frameworks (MFF).
The current MFF spans the years 2021-2027. It was the subject of a recent mid-term revision, which was agreed by the European Council on the 1st of February, primarily for the purpose of enabling the EU to provide structured, predictable funding to Ukraine for the forthcoming years. I expect the negotiation of the post 2027 MFF will commence next year.
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