Thursday, 12 December 2019

Ceisteanna (49)

Pearse Doherty

Ceist:

49. Deputy Pearse Doherty asked the Minister for Finance the capital allocation of his Department in each of the years 2020 to 2025; and the areas to which funds will be allocated in each year. [52211/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

Capital expenditure allocations for 2020 to 2022 were published for each Ministerial Vote Group in Budget 2020. The Finance Vote Group allocations are set out below, and these allocations will be verified in the 2020 Revised Estimates Volume.

-

2020

€million

2021

€million

2022

€million

Finance Group

22

18

19

Allocations beyond 2022 have not yet been fixed by the Government.

Within the Finance Vote Group, allocations are generally made under two Votes, with the vast majority going to the Office of the Revenue Commissioners, and the Department of Finance receiving a smaller allocation. By way of illustration, in the 2020 estimates, the Department of Finance has been allocated €1 million.

With regard to the areas in which funds will be allocated, my Department’s capital allocation provides for the routine acquisition of IT equipment and systems, and for certain premises expenses relating to the buildings it occupies. Aside from these types of expenditure, my Department does not have any long or medium term capital projects.