Capital envelopes were announced in Budget 2015 as part the Multi-annual capital investment framework 2015 to 2017 of €3.62bn, €3.68bn and €3.79bn respectively.
However, on Tuesday 29th September, I published "Building on Recovery: Infrastructure and Capital Investment 2016-2021". A copy of this document which includes Departmental allocations is available on the Department's website at www.per.gov.ie. The Capital Plan sets out the Government's commitment to Exchequer investment of €27 billion over the six-year period 2016-2021. The prioritisation of these allocations is a matter for each Department and information on investment programmes is set out in the Plan. The capital envelopes for each respective year are outlined in the following table.
-
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
Total
|
-
|
€bn
|
€bn
|
€bn
|
€bn
|
€bn
|
€bn
|
€bn
|
Total capital envelope
|
3.80
|
3.97
|
4.23
|
4.60
|
5.00
|
5.40
|
27.00
|