Michael Colreavy (Sligo-North Leitrim, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

210. To ask the Minister for Finance if he has allocated funding from the sale of the mobile spectrum in 2012; and if he will make a statement on the matter. [20196/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The sale of the mobile spectrum in 2012 was a welcome success, yielding the State revenues of approximately €730 million in general government terms for the year. Generally speaking all revenues of the State, including capital receipts, as well as tax revenues and non-tax revenues are paid into the Central Fund. They are not assigned to specific areas of expenditure but rather form part of the combined structure of resources which overall Exchequer expenditure is funded. This covers expenditure in many important areas, such as Social Protection, Health, and Education, as well as for the servicing of the States debt expenses.