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Summer Economic Statement

Dáil Éireann Debate, Tuesday - 27 July 2021

Tuesday, 27 July 2021

Questions (460)

Pearse Doherty


460. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform if he will disaggregate the difference in core capital as outlined in table 4 and capital spending per SES in table 5 in the Summer Economic Statement; and if he will make a statement on the matter. [39503/21]

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Written answers (Question to Public)

Table 5 of the Summer Economic Statement sets out the overall Government spending projections from 2020 to 2025. These include both core capital spending as well as one-off temporary spending related to much needed supports to manage challenges related to the COVID-19 pandemic and the impacts of Brexit. Other one-off temporary measures also include EU funding supports such as the National Recovery and Resilience Plan and the Brexit Adjustment Reserve, which will be rolling out from this year.

In relation to the year 2021, table 5 reflects the combination of core capital and one-off support measures relating to Brexit and COVID-19. These one-off supports for capital total c.€0.4 billion in 2021.

In relation to the years 2022 to 2025, the difference between the capital figures in table 4 and table 5 reflect the once-off funding being received from the EU in relation to the National Recovery and Resilience Plan (NRRP). The impact of these figures can be seen in table 8 of the Summer Economic Statement (rounding may affect totals).