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National Lottery Licence Sale

Dáil Éireann Debate, Thursday - 20 June 2013

Thursday, 20 June 2013

Questions (42)

Charlie McConalogue

Question:

42. Deputy Charlie McConalogue asked the Minister for Public Expenditure and Reform the implications for the funding mechanism for the national children's hospital of the decision to use proceeds from the sale of the national lottery licence to fund additional Exchequer capital spending in 2013 and 2014; and if he will make a statement on the matter. [29667/13]

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Written answers

Since the outset of this process, I have made clear that part of the upfront payment to the State from the licensing arrangements for the National Lottery will be used to help fund the construction of the National Children’s Hospital. Up to 200 million euro of the proceeds from upfront payment will be made available for the building of the Hospital. The overall estimated cost of the Hospital is 650 million euro. The HSE has an indicative sum of 450 million euro in its capital programme for the Hospital project, including provision for ambulatory and urgent care.

The intention has never been to allocate the entire upfront payment from the National Lottery to the building of the Hospital. Some moneys which will accrue from the payment in respect of the National Lottery licence are being allocated to help fund Exchequer capital projects in 2013 and 2014.

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