Dáil Éireann Debate, Thursday - 17 October 2024
185. Deputy Jim O'Callaghan asked the Minister for Enterprise, Trade and Employment the budget allocation to the IDA in each year from 2020 to 2024 inclusive, in tabular form; the proposed allocation for 2025; and if he will make a statement on the matter. [42300/24]
View answerThe table below details the Current and Capital Budget Allocations provided to IDA Ireland under the A.5 Subhead each year from 2020 to 2024 as published in the respective Revised Estimate Volumes.
|
Year |
Current Allocation |
Capital Allocation |
Total Allocation |
|
€,000 |
€,000 |
€,000 |
|
|
2020 |
€53,177 |
136,000 |
€189,177* |
|
2021 |
€54,933 |
€162,600 |
€217,533* |
|
2022 |
€57,038 |
€163,500 |
€220,538* |
|
2023 |
€60,701 |
€177,300 |
€238,001* |
|
2024 |
€61,520 |
€204,473 |
€265,993* |
*The table shows the allocations as published in the Revised Estimates Volumes 2020 to 2024 and does not reflect any amendments to the allocations arising from supplementary estimates which may have occurred in the reference years.
IDA Ireland’s activities are also funded from Own Resource Income generated from property transactions which, subject to the sanction of the Minister for Public Expenditure, NDP Delivery and Reform, they may retain for use on programme activity.
The IDA's allocation for 2025 will be determined as part of the Revised Estimate process in the coming weeks. Nevertheless, the Government is committed to ensuring that the Agency has the necessary resources to carry out its vital mandate and to that end the allocation to the IDA will increase next year.
