Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

100. To ask the Minister for Finance the amount of funding that had been drawn down under the EU-IMF programme when the Government took office in March 2011, the remaining amount of funding available under the programme at that point; and if he will make a statement on the matter. [38781/15]

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

The Government took office in early March 2011. I am informed by the NTMA that by that time there had been three EU/IMF Programme disbursements, totalling approximately €14.4 billion. This is net of a prepaid margin of €0.53 billion deducted from the EFSF disbursement of 1 February 2011. Given total external EU/IMF Programme funding of €67.5 billion, the funding remaining available under the Programme at that time was just over €53 billion.