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InterTradeIreland Funding

Dáil Éireann Debate, Tuesday - 18 September 2018

Tuesday, 18 September 2018

Ceisteanna (355)

Maurice Quinlivan

Ceist:

355. Deputy Maurice Quinlivan asked the Minister for Business, Enterprise and Innovation the capital expenditure for InterTradeIreland under the National Development Plan 2018-2027 in each of the years 2019 to 2023; and if she will make a statement on the matter. [37227/18]

Amharc ar fhreagra

Freagraí scríofa

The Deputy will be aware that InterTradeIreland is one of the six North/South Implementation Bodies established under the Good Friday Agreement and is jointly funded on an agreed basis by my Department and the National Ireland administration.

The National Development Plan sets out a high-level financial and budgetary framework, which includes indicative Exchequer allocations, for each Ministerial Vote Group, over a five-year period from 2018 to 2022. The indicative allocations provided for my Department in the Plan are set out in the following table:

2018

2019

2020

2021

2022

€555m

€620m

€630m

€640m

€715m

The precise budgetary Ministerial capital ceilings for the years 2019 to 2022 and beyond will be determined as part of the relevant annual estimates processes.

As regards InterTradeIreland the Revised Estimates Volume 2018 as published by the Department of Public Expenditure and Reform allocated a total of €5.695 million in capital funding to InterTradeIreland for 2018. As advised the capital allocations for InterTradeIreland for 2019 and beyond will be determined as part of the relevant annual estimates processes.

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