Written answers
Tuesday, 6 July 2021
Department of Public Expenditure and Reform
Departmental Data
Noel Grealish (Galway West, Independent)
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188. To ask the Minister for Public Expenditure and Reform the amount of interest his Department has been charged for savings or other funds on deposit in Irish banks since negative interest rates were introduced by year; and if he will make a statement on the matter. [35938/21]
Michael McGrath (Cork South Central, Fianna Fail)
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My Department is financed through voted expenditure and, therefore, does not keep savings on deposit. As a result, no interest has been charged in relation to my Department's four Votes (Vote 11 Department of Public Expenditure and Reform, Vote 39 Office of Public Procurement, Vote 43 Office of the Government Chief Information Officer and Vote 12 Superannuation) since the introduction of negative interest rates.
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