Written answers
Tuesday, 13 May 2025
Department of Finance
Programme for Government
Aidan Farrelly (Kildare North, Social Democrats)
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468. To ask the Minister for Finance if he will provide an update on his plans for a National Fintech Hub, as outlined in the Programme for Government. [23763/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Programme for Government includes a commitment to collaborate with industry in exploring the establishment of a National Fintech Hub with the aim of fostering innovation and supporting fintech initiatives. Department of Finance officials are carrying out research and continue to engage with industry in exploring the possibilities for a National Fintech Hub.
Aidan Farrelly (Kildare North, Social Democrats)
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469. To ask the Minister for Finance to provide an update on his plans to broaden the remit of the National Development Finance Agency in the National Treasury Management Agency to provide expert advice for major infrastructure delivery, as required by sponsoring departments or agencies, as outlined in the Programme for Government. [23764/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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As announced by my colleague Mr. Jack Chambers T.D., Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation on 16 April the Government has agreed to a series of actions to accelerate the delivery of strategic infrastructure.
Included in these actions is a role for the NTMA. The NTMA, including through its National Development Finance Agency business unit is intended to expand its support for major projects by offering project management, planning, financial expertise support to Government Departments. Making this strategic support available at early stages in the project development lifecycle should accelerate project delivery, while ensuring that best practice in each of these areas are mainstreamed.
The expansion of the NTMA’s role including through the National Development Finance Agency should provide Departments with additional expert assistance and support on major public capital investment projects through dedicated support teams for specific projects referred to it.
My officials are engaged with both the Department of Public Expenditure, Infrastructure, Public Service Reform and Digitalisation and the NTMA in the preparations to help the NTMA deliver on its expanded role.
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