Rose Conway-Walsh
Ceist:2. Deputy Rose Conway-Walsh asked the Taoiseach to confirm that the €1 billion shared island fund is contained within existing NDP ceilings out to 2030. [34834/24]
Amharc ar fhreagraMonday, 9 September 2024
Ceisteanna (2)
Freagraí scríofa
As set out in the revised National Development Plan (NDP), the Shared Island Fund forms part of the Government's overall commitment to all-island investment of more than €3.5 billion over 2021-2030 through the Shared Island Fund, Project Ireland 2040 funds, the Government’s annual funding for North/South cooperation, and the PEACEPLUS programme delivered with the European Union, UK Government and Northern Ireland Executive.
Shared Island Fund resources are provided for through the updated capital allocations agreed by Government and announced by the Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe, T.D., on 27 March 2024. Shared Island Fund capital ceilings for 2024 and subsequent years are set out in tabular form.
As committed to in the National Development Plan and reflected in this substantial ongoing resourcing the Shared Island Fund, the Government will continue to allocate ring-fenced, multi-annual capital resourcing for all-island investment for the remainder of the NDP, representing €1 billion to the Shared Island Fund out to 2030.
Allocations from the Shared Island Fund made by Government are taken forward by Ministers and their Departments, managed through Departmental Votes and the annual Estimates process, in cooperation with the Department of Public Expenditure, NDP Delivery and Reform.
|
Updated NDP capital allocations |
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|
2024 (€m) |
2025 (€m) |
2026 (€m) |
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|
Shared Island Fund |
150 |
150 |
190 |