Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Economy and Funding Requirements: Discussion with NTMA
2:25 pm
Mr. John Corrigan:
Yes. In addition, the cashflow is approximately €1 trillion. The administrative budget is about €42 million net. In other words, we cover the National Asset Management Agency, but it repays us from its operating revenues to meet its overheads and the net charge to the State is €42 million.
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