Dáil Éireann Debate, Tuesday - 3 October 2023
709. Deputy Joe McHugh asked the Minister for Further and Higher Education, Research, Innovation and Science if he will consider unlocking the €1.5 billion surplus in the National Training Fund; and if he will make a statement on the matter. [42141/23]
View answerThe National Training Fund (NTF) is a dedicated fund established under the National Training Fund Act, 2000 resourced by the Training Levy paid by employers to raise the skills of those in employment; provide training to those who wish to acquire skills to take up employment and provide information in relation to skills requirements in the economy. The Deputy may wish to know Minister Coveney and I have worked together to bring forward proposals to unlock the NTF surplus. As the Deputy will appreciate, decisions on proposals for the use of the NTF surplus will be made in the context of Government decision-making on the fiscal and expenditure framework for 2024, consistent with the budgetary and Estimates process agreed by Government.
