Matt Carthy
Question:118. Deputy Matt Carthy asked the Minister for Finance the projected contribution of and receipts to the Exchequer from the European Multi-annual Financial Framework in each of the years 2023 to 2027. [10334/23]
View answerTuesday, 7 March 2023
Questions (118)
Written answers
Ireland’s projected contributions to the current EU Budget Multiannual Financial Framework, which spans the period 2021 until 2027, are expected to rise over the remainder of the lifetime of the Framework agreement. Ireland’s gross contributions to the EU Budget are forecasted to increase from approximately €4 billion in 2023 to €4.5 billion in 2027.
It should be noted these forecasts were published as part of Budget 2023, and are due to be updated in the coming weeks as part of the Stability Programme Update.
Data on Ireland’s EU Budget receipts are published annually, for the previous year, in my Department’s Budgetary Statistics in the second quarter of each year – for example, 2022 receipt data will be published in autumn or winter 2023. Therefore, it is not yet possible to confirm Ireland’s receipts from the EU Budget for the remainder of the 2021-2027 Multiannual Financial Framework. However, my Department estimates that our receipts from the 2021-2027 Multiannual Financial Framework will be in the region of approximately €2-2.5 billion each year. However, this figure is very difficult to forecast and is contingent on a number of factors such as Departments drawdown capability and project implementation.