Oireachtas Joint and Select Committees

Thursday, 5 November 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund

11:30 am

Mr. John McCarthy:

I cannot give the Chairman a figure off the top of my head, but the total amount of debt that was due to banks was approximately €40 billion. That is just a ballpark figure because we have got some of it back. The total debt this year will be €220 billion, so if one divides 40 by 220, one can pro ratathat over-----

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