As Minister for public expenditure I am responsible for setting the overall capital allocations across Departments and for monitoring monthly expenditure at departmental level. Responsibility for the management and delivery of the wider investment and sectoral policies within the allocations agreed under the national development plan involves working with Ministers and other colleagues across Departments. Each Minister is responsible for deciding which programmes and projects will be delivered under the national development plan. The latter contains expenditure commitments for a range of strategic investment priorities which will contribute towards the achievement of national strategic outcomes, including NSO 5, which relates to a strong economy supported by enterprise, innovation and skills. This aims to maintain and enhance Ireland's status as a competitive, innovative and resilient enterprise base, providing high quality jobs and employment opportunities for people to live and prosper in all regions.
Under the plan, €3.68 billion was allocated in respect of enterprise and skills, including €400 million of additional funding to Irish start-up enterprises. Over 15,300 new jobs were created from the 323 investments in IDA Ireland-supported client companies in 2005. The numbers directly employed in the multinational sector in Ireland in 2025 were 312,400. The existing base of FDI has shown continued resilience, and more than half the investments went into regional locations. Employment in client companies of Enterprise Ireland increased to a total of over 234,000 in 2025, which is the highest number ever reported. The total number of jobs created was over 12,600. Some 69% of new jobs created in 2025 in companies supported by Enterprise Ireland were located outside the Dublin region.
In the higher education sector, €4.5 billion in capital funding was allocated to the Department of further and higher education as the number of projects and programmes continued to be advanced and deliver on the ambitions of Ireland's higher education sector. These projects will expand capacity in higher education institutions and support a pipeline of talents and skills aligned with national and regional needs.