Written answers
Thursday, 12 December 2013
Department of Finance
Currency Circulation
Pearse Doherty (Donegal South West, Sinn Fein)
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39. To ask the Minister for Finance when a decision will be taken on the possible elimination of one and two cent coins; and if he will make a statement on the matter. [53399/13]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank ran a Rounding Trial on 1c and 2c coins in Wexford from 16th September to 17th November 2013 in accordance with a recommendation of the National Payments Plan approved by Government earlier this year. The results of that trial are under review; a report on the basis of the pilot project will be reviewed by the Steering Committee, which will report to Government through my Department. A Government decision informed by that report will follow.
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