Oireachtas Joint and Select Committees
Thursday, 21 October 2021
Public Accounts Committee
Business of Committee
9:30 am
Mr. Seamus McCarthy:
The total amount that was lent from the Exchequer was €1 billion. It is difficult to say but maybe after about seven years, we are down to €600 million. From memory, I think the amount collected is about €100 million, so assuming there are no other funds to be met, we are probably looking at another five or six years at least before the full Exchequer refund is made.
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