Dáil Éireann Debate, Tuesday - 9 April 2024
336. Deputy Rose Conway-Walsh asked the Minister for Public Expenditure, National Development Plan Delivery and Reform if the payment request made by Ireland regarding the Recovery and Resilience Fund is still active, or whether it was cancelled following the submission of a modified plan; and if he will make a statement on the matter. [13840/24]
Amharc ar fhreagraIreland is to receive €914m in grants over the lifetime of the EU’s Recovery and Resilience Facility (RRF). To access this funding, Ireland has developed the National Recovery and Resilience Plan (NRRP). The RRF is a performance-based instrument with payment contingent on the satisfactory achievement of milestones and targets. Following the submission of the modified plan, Ireland’s NRRP is now based on 23 projects and their associated 105 milestones and targets covering the green, digital and social priorities. The delivery of the plan is well underway.
Ireland’s first payment request was formally submitted on 7 September 2023. There are 40 milestones and targets with a value of €324m in this request. The plan is undergoing detailed assessment by the Commission and other Member States through the Economic Policy (EPC) and the Economic and Financial (EFC) committees of ECOFIN.
