Professor Patrick P. Walsh:

I will address that. What I would say is look at the minutes. When we were coming into the financial crisis we experienced a huge drop in gross national product, GNP, and GDP. The drop in GNP was greater and was catastrophic. That has the effect of keeping our ranking high on the OECD DAC. Even though the absolute value was dropping - it actually nearly dropped, I am guessing, to €400 million or €350 million - because it was expressed as a percentage of GNI, which is the value of goods and services produced in Ireland, Irish Aid was saying we were still at 0.5% or 0.6% in terms of the target.