Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council

9:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail)
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My final question relates to the stabilisation of the banking sector here. Can the witnesses explain why it is mentioned, in the context of receipts of €1.4 million, that some €500,000 has been budgeted for in respect of the recoupment of certain expenses in the stabilisation of the banking sector? Will Mr. Moran explain how the stabilisation of the banking sector cost the Department so much money?