Seanad debates

Tuesday, 18 February 2003

Finance and Related Matters: Statements.

 

I listened carefully to the contribution of the Minister of State, Deputy Parlon, and I was pleased to hear about the management of expenditure now being put in place by the Department of Finance. We will have to convey the management of these accounts to the public in a transparent manner. For example, I was frustrated and shocked by the announcement of a €95 million surplus during Christmas week, having been told up to then how bad things were. We cannot allow these matters to be handled in such a way again. On one hand, the public was being told things were bad and that we all had to tighten our belts, while, on the other, the Exchequer had an end of year surplus of €95 million. I do not know how that happened.

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