Michael McGrath (Cork South Central, Fianna Fail)
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Question 208: To ask the Minister for Finance the number of external consultants currently working for or in his Department; the work they are carrying out; and if he will make a statement on the matter. [21873/12]

Michael Noonan (Limerick City, Fine Gael)
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The Department is paying for the services of one external consultant who is providing specialist support to the work on mortgage arrears arising from the recommendations contained in the Interdepartmental Report on Mortgage Arrears. In addition, until recently the Shareholding Management Unit in the Department was being advised in relation to bank restructuring matters, by the consultants McKinsey.