Written answers
Tuesday, 11 June 2024
Department of Finance
Overseas Development Aid
Rose Conway-Walsh (Mayo, Sinn Fein)
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190.To ask the Minister for Finance to outline the level of both voted and non-voted overseas development aid contained within the SPU projections; and if he will make a statement on the matter. [25280/24]
Michael McGrath (Cork South Central, Fianna Fail)
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As the Deputy may be aware, the Stability Programme Update sets out on a technical, no policy change basis, Ireland’s budgetary projections, including voted expenditure projections, over the forecast horizon (from 2023 to 2027) on an aggregate level.
On this basis, the voted expenditure ceilings reflect the 5% growth rate set out in Government's medium-term budgetary strategy. SPU ceilings for voted expenditure are set at an overall level, reflecting the total voted funding to be provided across Departments each year. Funding is allocated as part of the annual estimates process. For 2024, I am advised that the Department of Foreign Affairs’ development assistance budget is €776.5 million, with Official Development Assistance from across all of Government standing at €2 billion.
The SPU also sets out projections for non-voted current and non-voted capital expenditure on an aggregate basis, and I am advised by my officials that a limited number of these payments will constitute ‘overseas development aid’. Last year, non-voted expenditure relating to overseas development aid totalled approximately €110 million.
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