Dáil debates

Tuesday, 7 April 2009

Supplementary Budget Statement 2009

 

4:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

The cost of servicing this debt will be offset, as far as is practicable, from income accruing from the assets of the new agency. The debt will be repaid from funds raised through the realisation of those assets over time. The potential maximum book value of loans that will be transferred to the agency is estimated to be in the region of €80 billion to €90 billion-----

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