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Dáil Éireann debate -
Tuesday, 21 Feb 1995

Vol. 449 No. 4

Written Answers - European Budget.

Colm M. Hilliard

Question:

57 Mr. Hilliard asked the Minister for Finance if he will give details of the £544 million payment to the European Budget under central fund services; and the benefits arising from this. [3626/95]

The payment referred to by the Deputy, which is Ireland's estimated contribution to the EU budget for 1995, is composed of the following elements:

Customs Duties and Levies

£199 million

VAT based contribution

£232 million

GNP based contribution

£113 million

Total

£544 million

The financial benefits come in terms of the receipts under the Common Agricultural Policy, the Structural Funds, the Cohesion Fund and other policies. These receipts are estimated to amount to £2.4 billion in 1995. The attached tables sets out for each year since 1973 Ireland's gross receipts from, payments to and net receipts from the EU budget. I am sure the Deputy will agree that the benefits to Ireland are considerable.
Summary Table — Net Receipts from EU Budget 1973-1995
IR£million

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

Ireland's receipts by way of Grants and Subsidies from EU Budget

37.1

67.4

109.1

119.5

272.9

410.2

529.1

560.6

506.9

602.1

727.7

866.7

Ireland's contributions to EU Budget

4.5

5.5

9.8

13.4

22.1

46.1

60.6

88.9

105.4

136.7

184.7

202.5

Net Receipts

32.6

61.9

99.3

106.1

250.8

364.1

468.5

471.7

401.5

465.4

543.0

664.2

Summary Table — Net Receipts from EU Budget 1973-1995
IR£million

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995(est)

Total1973-1995

Ireland's receipts by way of Grants and Subsidies from EU Budget

1,128.7

1,146.6

1,110.3

1,161.6

1,295.3

1,741.0

2,201.2

1,994.0

2,245.3

1,842.1

2,395

23,060.41

Ireland's contributions to EU Budget

213.3

240.3

255.2

247.8

285.6

282.9

348.2

353.4

453.5

506.8

544

4,611.2

Net Receipts

915.4

906.3

845.1

913.8

1,009.7

1,458.1

1,853.0

1,640.6

1,791.8

1,335.3

1,851

18,449.2

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