Joanna Tuffy (Dublin Mid West, Labour)
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Question 245: To ask the Minister for Finance the total amount of expenditure on consultancy by his Department in 2008, 2009, 2010 and 2011; the numbers of consultants engaged by his Department in those years; the names of the consultancy companies awarded contracts; and the steps which have been taken to reduce the expenditure on consultancy and the reliance on consultants by his Department in these years and for the future. [25546/12]

Michael Noonan (Limerick City, Fine Gael)
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The following table details the expenditure by my Department on consultancies in 2008, 2009, 2010 and 2011. Every effort is made to minimize costs in this area but, from time to time, certain specialist skills and expertise are required. Our ongoing contract with Arthur Cox is necessary because the unfolding financial issues of relevance to the stabilization and regulation of the Banking/Financial Services sector.