Written answers

Tuesday, 9 November 2010

Department of Finance

Departmental Reports

9:00 am

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)
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Question 195: To ask the Minister for Finance if he has received the final report from the expert group on mortgage arrears and personal debt; when will he publish the report; and if he will make a statement on the matter. [41490/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The Deputy will be aware that the Expert Group submitted its Interim Report to me in early July. The Government having considered the Report decided to accept all of the recommendations. I understand that good progress has been made in regard to the implementation of the recommendations. Since then the Expert Group has been working towards completion of its Final Report. I am informed that in the next phase of their work, the Expert Group are considering a number of very complex and sensitive issues and are anxious to ensure that the Final report reflects the most thorough examination and informed appraisal of these issues. This has necessitated extensive consultation with various stakeholders.

I expect to receive the Report very shortly.

I plan to bring the latest recommendations of the Expert Group before Government as soon as possible after I receive the Report, after which the Report will be published.

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