Dáil Éireann Debate, Thursday - 21 October 2021
251. Deputy Rose Conway-Walsh asked the Minister for Further and Higher Education, Research, Innovation and Science the breakdown of all NTF provisional expenditure for 2021 and allocated expenditure for 2022; and if he will make a statement on the matter. [51829/21]
View answerThe National Training Fund (NTF) was established by the National Training Fund Act, 2000, as a dedicated fund to support the training of those in employment, and those seeking employment. The Act also provides for the funding of research to provide information on existing and likely future skills requirements of the economy.
The allocation for each scheme is generally determined as part of the annual Estimates process with the NTF being included as an annex to the published Estimates of my Department.
Following the announcement of Budget 2022 on 12 October 2021, the Estimates for Public Service were published, which contain the current allocations for the NTF in 2022 as compared with the 2021 allocations. In global terms, the allocation for 2021 is €741m while the provisional allocation for 2022 is €752m and details of each line item can be found at the following link:
assets.gov.ie/201262/2512be9b-5409-4a6c-8edd-3d87e2e2fc31.pdf
