Dáil Éireann Debate, Wednesday - 7 February 2007
132 Mr. Eamon Ryan asked the Minister for Finance the reasoning behind the unallocated public private partnership reserve provision of €2.8 billion which features as part of the National Development Plan funding source for PPPs. [4073/07]
Amharc ar fhreagraSince the introduction of the Multi Annual Capital Investment Framework in 2004, it has been the practice to have an unallocated reserve (Exchequer and PPP) over the period. This reserve is necessary to allow for flexibility over the period whereby an unallocated amount is available for allocation in future years in the light of evolving priorities. The seven year capital envelope included in the National Development Plan continues existing practice and, accordingly, provides for a total reserve of some €5 billion over the period of which €2.8 billion is for PPPs.
