Dáil Éireann Debate, Tuesday - 21 March 2017
614. Deputy Dara Calleary asked the Minister for Public Expenditure and Reform the amount already allocated and the initiatives and programmes implemented with regard to the €5 billion extra funding allocated for capital expenditure; and if he will make a statement on the matter. [12792/17]
View answerA commitment was made in the Capital Plan to conduct a review in 2017 in order to take stock of progress and provide the Government with an opportunity to reaffirm priorities. Since the Capital Plan's publication, the Programme for a Partnership Government (PfPG) committed to seeking Oireachtas approval for additional capital investment of €4 billion over the period of the Capital Plan. This was further increased to €5.14 billion in the 2016 Summer Economic Statement.
Some of this additional €5.14 billion has already been allocated as follows:
- €750m was allocated in the 2017 Estimates - €250m in each of the 3 years 2017-2019. €450m of this was allocated to the Department of Housing, Planning, Community and Local Government, in support of the Government's Action Plan for Housing and Homelessness, with the remaining €300m allocated across a number of other Departments to supplement existing capital plans of those Departments, including: Transport, Tourism and Sport; Communications, Climate Change and Natural Resources; Education and Skills; Jobs Enterprise and Innovation; and Agriculture, Food and the Marine.
- A further €1.75b was also pre-committed to supporting the Government's Action Plan for Housing and Homelessness, bringing the overall additional commitment in this area to €2.2b.
The effect of the above is that there is approximately €2.64 billion additional uncommitted capital remaining to be allocated, on the basis of the findings of the review.
