Written answers
Thursday, 24 February 2022
Department of Health
Health Service Executive
David Cullinane (Waterford, Sinn Fein)
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404. To ask the Minister for Health the cash ceiling that applies to the HSE set by his Department or the Department of Public Expenditure and Reform; and if he will make a statement on the matter. [10724/22]
Stephen Donnelly (Wicklow, Fianna Fail)
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Due to the size of the annual budget operated by the HSE (> €20bn) it is to be expected that it maintains a certain cash balance to ensure that it always has sufficient funds to meet its outstanding financial obligations. The amount can vary on a month-by-month basis but in general the HSE holds, as a cash balance, several days' worth of funds in the case of an unexpected cash requirement. The cash position in the HSE is monitored on a weekly basis by my Department to ensure excessive cash holdings are not being built up
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