Dáil Éireann Debate, Tuesday - 12 July 2016
433. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform the amount of pre-financing by programme his Department has applied for with regard to the current phase of EU funding programmes; the amount that is likely to be reimbursed to the European Commission; the reasons this money will be reimbursed; and if he will make a statement on the matter. [20584/16]
View answerUnder the European Regional Development Fund a total of €21.2 million of pre-financing has been provided: €8.3 million for the Border, Midlands & West Operational Programme and €12.9 million for the Southern & Eastern Operational Programme.
In relation to the PEACE and INTERREG Cooperation Programmes, which are also funded under the European Regional Development Fund, a total of €6 million in pre-financing has been provided: €3.5 million for the INTERREG VA Programme and €2.5 million for the PEACE IV Programme.
It is not envisaged that this funding will be reimbursed to the EU Commission but will be spent on projects and funded under ERDF over the course of the programmes.
