Oireachtas Joint and Select Committees
Thursday, 17 November 2022
Public Accounts Committee
2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
9:30 am
James O'Connor (Cork East, Fianna Fail) | Oireachtas source
It must be said that the banking sector moved faster than society in that regard. I recognise that and the statistics are very clear. It is dropping all the time. I am not burying my head in the sand. Sectors such as agriculture and small business such as cafes, florists and bakeries rely on cash payments. Many old age pensioners also rely on cash. They trust it. It was a hugely worrying trend, which nearly happened but did not quite. I hope we will not see a repeat of it in the near future. I will move on if that is okay.
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