Richard Bruton (Dublin North Central, Fine Gael)
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Question 366: To ask the Minister for Finance the amount of interest paid by his Department to contractors or to others due payments from his Department on account of late settlement of the amount due; the rate of interest applying to late payments; and if he is satisfied that all efforts are made to pay promptly. [3202/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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The total interest paid by my Department on all relevant payments in 2004, the last year for which audited accounts are available, was €196.05, at a rate of 9% per annum. I am satisfied that transactions that comply with the relevant payment criteria are generally paid promptly.