Dáil debates

Wednesday, 20 October 2010

Statements re Minister for Finance's announcement on banking of 30 September 2010: Questions

 

12:00 pm

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

We are both right and wrong. Deputy Burton is talking accountancy while I am talking money. The capital sum is already paid for general government balance, GGB, purposes. That is why there is a spike in the GGB this year. The interest will be factored into the GGB next year, although the amount actually paid next year will not reflect that.

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