In the context of evolving externally-driven challenges in recent years, the Government has sought to ensure fiscal policy remains responsive to the economic and social context. This involves a two pronged approach which allows for core (permanent) and non-core (temporary) expenditure.
Significant supports have been provided in recent years to mitigate the impacts of challenges such as Covid-19, Brexit and the war in Ukraine. This temporary funding facilitates responsive fiscal policy providing supports to deal with key emerging external issues while protecting core or permanent day-to-day expenditure and investment.
To date, €4.1 billion of this overall provision has been allocated at Departmental level for specified purposes through Estimates voted by the Dáil for 2023. The funding allocated to Departments is, by category, set out below.
|
|
Funding Provision
|
Allocated to Depts.
|
|
Covid-19
|
€1.5bn
|
€1.3bn
|
|
Ukraine
|
€2.0bn
|
€1.6bn
|
|
Other
|
€1.7bn
|
€1.2bn
|
|
Total Non-Core
|
€5.2bn
|
€4.1bn
|
The remaining €1.1 billion under the non-core provision remains unallocated. This will be allocated to Departments during the year where required to meet pressures arising in non-core areas.
The figure of €1.7bn in SES Table 7 corresponds to the amount in the funding provision column in the table above. Approximately €1.2bn of this amount has been allocated to Departments for the following purposes:
• Temporary Business Energy Support Scheme (TBESS): €0.7bn
• National Recovery and Resilience Plan (NRRP): €0.2bn
• Brexit Adjustment Reserve (BAR): €0.2bn
