I propose to take Questions Nos. 179 to 181, inclusive, together.
As Minister for Public Expenditure, NDP Delivery, and Reform I am responsible for setting the overall capital allocations across Departments. Over the lifetime of this NDP out to 2030, the government is investing €165 billion in new and upgraded infrastructure that will meet the needs of our growing population. This year alone over €12 billion will be invested from the Exchequer in vital infrastructure projects. The NDP includes agreed Exchequer allocations for each Department for a five year period (2021 to 2025) and the overall capital expenditure ceilings out to 2030.
The following table sets out total allocated capital expenditure as a percentage of total current and capital expenditure for the period 2023 – 2025. Total allocated capital expenditure is as set out in the National Development Plan 2021-30. Additional capital expenditure of €0.25 billion is also included for 2024 along with an additional €0.75 billion in 2025 from windfall exchequer receipts, to be allocated to critical infrastructure projects that are at an advanced stage.
Year
|
Total Capital
€,m
|
Of which Core
€,m
|
Of which non-Core
€,m
|
Capital as % of Total Current and Capital Spending
|
2023
|
12,100
|
11,566
|
534
|
13.0%
|
2024
|
13,103
|
12,560
|
543
|
13.6%
|
2025
|
14,352
|
13,442
|
910
|
14.8%
|