First-round funding is to be provided for projects in rural areas as part of a rural regeneration and development fund.
Speaking in the Dáil, Minister for Finance Paschal Donohue said: "I am allocating an additional €53m in capital next year to fund the first round of projects under the new Rural Regeneration and Development Fund."
The minister said the fund represented an unprecedented commitment by the Government to strengthen Ireland's rural economies and communities.
ADVERTISEMENT
- The fund aims to provide investment to support rural renewal for suitable projects in towns and villages with a population of less than 10,000, and outlying areas.
SHARING OPTIONS