The measure referred to in Deputy Smith's question relates to cross-Border co-operation between public bodies and a total of 10.834 MECU in funding has been made available under the measure. An additional 2.5 MECU is available for the same purposes under measure 3(B).
While no projects have yet been assisted, it was recently agreed between the relevant Departments, North and South, to allocate the available funding under measures 3(A) and 3(B) in two tranches. The first tranche allocation which will not exceed one third of the available funding will be made in mid-July and it is anticipated that the second and larger allocation will be made in mid-September.
This consideration of applications in tranches rather than project by project was decided on in order to facilitate the prioritisation of applications based on established criteria and to ensure that the best projects are funded.