Dáil Éireann Debate, Thursday - 13 December 2012
193. Deputy Seán Ó Fearghaíl asked the Minister for Transport, Tourism and Sport if he will provide an update on the €17 billion Capital Programme for 2012 - 2013; the funds that have been spent in this respect thus far; and if he will make a statement on the matter. [56040/12]
Amharc ar fhreagraThe Infrastructure and Capital Investment 2012-2016 Medium Term Exchequer Framework set out a gross capital allocation of €17 billion of which my Department has an allocation of €4.6 billion. The 2012 allocation of €1,231 million for my Department was subsequently increased in the Revised Estimate for 2012 to €1,245 million. Following a supplementary estimate in November 2012, the capital allocation for 2012 was reduced to €1,214 million. €803 million has been spent to end November 2012 and it is anticipated that all funding will be spent.
Investment in capital infrastructure will be scaled back significantly over the next five years. Specifically, capital expenditure confirmed for my Department in 2013 will fall by €314 million to €900 million.
