As the Deputy will be aware, the previous capital plan Building on Recovery: Infrastructure and Capital Investment 2016-2021, published in September 2015, provided gross voted capital expenditure allocations to Departments of €27 billion, covering the period 2016 – 2021. The new National Development Plan covers the period 2018 - 2027, providing gross voted capital expenditure allocations of €91 billion. Annual allocations under both plans are set out in the following table.
€, billion
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
NDP
|
N/A
|
N/A
|
5.8
|
7.3
|
7.9
|
8.6
|
8.9
|
9.4
|
10
|
10.5
|
11
|
11.6
|
2015 Plan
|
3.8
|
3.9
|
4.2
|
4.6
|
5
|
5.4
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
Variance
|
N/A
|
N/A
|
1.6
|
2.7
|
2.9
|
3.2
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
The allocation of gross voted capital expenditure in the 2015 Capital Plan, Building on Recovery was €19.2 billion over the period 2018 – 2021. The National Development Plan allocates €29.6 billion over the same period, an increase of €10.4 billion.