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Money Advice and Budgeting Service

Dáil Éireann Debate, Tuesday - 11 July 2023

Tuesday, 11 July 2023

Questions (454)

Thomas Gould

Question:

454. Deputy Thomas Gould asked the Minister for Social Protection the funding provided to MABS in each of the years 2019 to 2023, respectively. [34076/23]

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Written answers

The Money Advice and Budgeting Service (MABS), funded by the Citizens Information Board (CIB), a statutory body under the aegis of my Department, is the State’s money advice service.  MABS provides free advice and support to people on debt and money management issues, in particular those on low income or dependent on social welfare supports.  MABS also provides support to people in mortgage arrears and is the gateway to Abhaile - the National State Funded Mortgage Arrears Resolution Service.

MABS comprises of eight regional companies, as well as the companies MABS Support and National Traveller MABS.  Each company has the flexibility to allocate resources appropriately in response to emerging 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 conferencing. 

The funding provided by CIB to these MABS companies in the period 2019 to 2023 is outlined in the table below.  These figures include annual funding of €2.5m to the eight regional MABS companies in the period 2019 - 2023 for operation of the Dedicated Mortgage Arrears service, as part of the Abhaile service.

Year

Funding Provided

2019

€19,617,138

2020

€20,273,899

2021

€16,485,398

2022

€19,980,120

2023 (Funding Allocated)

€20,650,842

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