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. Seamus McCarthy:
I can contribute to answering the Chairman's question. There was a chapter that I published in last year's report, which dealt with the cost of banking stabilisation, and our estimate of the long-term recurring annual cost of servicing the debt is somewhere between €1.1 and €1.3 billion.