Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Corrigan stated earlier that the plan is to raise a further €7.5 billion between now and the end of the current year. He said in his opening remarks that we would then be funded for one full year in advance. Essentially, the projection is that by the end of this year if we raise an additional €7.5 billion we will be funded through to the end of 2014. Is that the position?