The distribution of exchequer funding allocations as per the 2016 to 2018 Revised Estimates Volumes for IDA Ireland as provided through my Department’s Vote is set out in the following table.
IDA Ireland
IDA Ireland Budget allocations (€,000)
|
2016
|
2017
|
2018
|
|
147,480*
|
176,264**
|
180,780
|
* After Supplementary Estimate reallocation of €6.12m in Capital savings following better than anticipated ORI
** After Supplementary Estimate reallocation of €3m in Capital savings following timing issues with drawdown for Regional Property Programme Grants
IDA Ireland are also provided with funding from the National Training Fund (NTF).
The operations of IDA Ireland are also supported through the generation, retention and use of Agency Own Resource Income, which is subject to annual sanction by the Minister for Public Expenditure and Reform.
IDA Ireland is now equipped with its highest ever capital budget and staffing level, recognising it’s importance in terms of job creation and the regionalisation agenda.