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Money Advice and Budgeting Service

Dáil Éireann Debate, Tuesday - 5 November 2024

Tuesday, 5 November 2024

Ceisteanna (683)

Catherine Murphy

Ceist:

683. Deputy Catherine Murphy asked the Minister for Social Protection the funding provided to MABS in 2023, 2024 and 2025, in tabular form. [44845/24]

Amharc ar fhreagra

Freagraí scríofa

As you will be aware, the Money Advice and Budgeting Service (MABS) is funded by the Citizens Information Board (CIB), a statutory body under the aegis of my Department.

MABS provides free advice and support to people on debt and money management issues.

MABS also provides support to people in mortgage arrears and is the gateway to Abhaile - the National Mortgage Arrears Resolution Service.

MABS comprises of eight regional companies, MABS Support and National Traveller MABS.

Each company has the flexibility to allocate resources appropriately in response to customer needs.  In addition, customers in a region have access to all MABS services of the region and can contact any MABS Money Advisor in that region about their case by phone, email, online chat or video. 

The funding provided by CIB to these ten MABS companies for 2023 and 2024 is outlined in the table below.  These figures include annual funding for operation of the MABS Dedicated Mortgage Arrears Service, which forms part of the Abhaile service. 

Funding for 2025 cannot be confirmed as this stage by CIB, as the overall REV Estimates have not yet been published by the Department of Public Expenditure, NDP Delivery and Reform.

Year

Funding Provided by CIB to 10 MABS Companies 

2023

€20,279,515

2024

€20,841,704

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