Dáil debates

Wednesday, 9 July 2008

12:00 pm

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

I was not aware that was being contemplated. The purpose of the debate is that each Minister will discuss these issues in detail. The €1 billion full year effect will be outlined in the 2009 Estimates. We are dealing with this financial year and identifying the €440 million that needs to be found. Next year, the full year effect will be reflected in the Estimates and any budgetary decision to be taken thereafter. The purpose of the debate is to clarify the issues in detail and I will make reference to that in my contribution. I will make inquiries about the provision of a tabular statement.

On the deposit protection issue, I wrote to the Minister for Finance on 4 July as a result of the Deputy's inquiry and I am still waiting to hear back. I will ask him to contact the Deputy directly.

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