Dáil Éireann Debate, Tuesday - 9 April 2024
272. Deputy Matt Carthy asked the Minister for Finance the Irish contribution or projected to the EU Multiannual Financial Framework in the years 2013 through the end of this MFF in 2027, in tabular form; and if he will make a statement on the matter. [13640/24]
View answerThe annual contribution of Ireland to the EU Budget from 2013 until 2023 is outlined in Table 1 below:
Table 1. EU Budget payments 2013-2023
|
Year |
Payments to EU Budget €m |
|
2013 |
1,726 |
|
2014 |
1,686 |
|
2015 |
1,952 |
|
2016 |
2,023 |
|
2017 |
2,016 |
|
2018 |
2,519 |
|
2019 |
2,432 |
|
2020 |
2,569 |
|
2021 |
3,507 |
|
2022 |
3,557 |
|
2023 |
3,683 |
Table 2 outlines my Department's forecast, which were prepared for Budget 2024, of the gross contribution for the remaining years until the end of the current MFF period, ending in 2027.
Please note that my Department will be updating its forecast in the coming weeks for the upcoming Stability Programme Update.
Table 2. EU Budget payment forecast 2024-2027
|
Forecast Gross Payments to EU Budget |
2024 (€m) |
2025 (€m) |
2026 (€m) |
2027 (€m) |
|
Total |
3,950 |
4,125 |
4,325 |
4,500 |
Based on my Department’s forecasts, Ireland’s contribution to the EU Budget over the remainder of the Multiannual Financial Framework (2021-2027) will continue to grow. This is directly linked to a number of factors, in particular Ireland’s economic performance which impacts on our EU Budget contribution due to the EU's Gross National Income (GNI) based own resource. This own resource (i.e. mechanism for Member States to make their contributions) accounts for a significant portion of the overall funding for the EU Budget.
