Dáil Éireann Debate, Tuesday - 31 January 2017
375. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform the funding drawn down by the State to date under the Juncker plan, by project, in tabular form; the date the spending of the funding began; and if he will make a statement on the matter. [4499/17]
View answerI presume the Deputy's question relates to funding provided under the European Fund for Strategic Investments, or EFSI, which is the joint initiative of the EIB Group and the European Commission aimed at mobilising private financing for strategic investments, mainly through loan funding. In Ireland's case, the main potential beneficiaries of EFSI are likely to be commercial investment projects (including PPPs). There is little or no scope to use EFSI to increases public capital investment due to the need to continue to comply with the requirements of the Stability and Growth Pact. The Deputy may wish to note that my Department is not the lead Department in relation to EFSI, nor has my Department responsibility for coordinating applications for funding under EFSI or for reporting on lending by EFSI or EIB to Ireland. However, I understand information on projects approved by EFSI, by country, is available on the website of the EIB at http://www.eib.org/efsi/efsi-projects/index.htm.
