Written answers
Tuesday, 14 June 2022
Department of Foreign Affairs and Trade
Interest Rates
Noel Grealish (Galway West, Independent)
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599. To ask the Minister for Foreign Affairs and Trade the amount of interest that his Department has been charged by financial institutions since negative interest rates were introduced by year; and if he will make a statement on the matter. [29203/22]
Simon Coveney (Cork South Central, Fine Gael)
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The Department of Foreign Affairs comprises of two Votes; Vote 27 International Cooperation and Vote 28 Foreign Affairs.
Below is a breakdown of the amount of interest the Department, across both Votes, has been charged for funds on deposit in Irish banks since negative interest rates were first applied.
Year | Totals |
---|---|
2017 | 4,235 |
2018 | 13,685 |
2019 | 7,426 |
2020 | 14,408 |
2021 | 18,118 |
2022 (to end May) | 15,355 |
Noel Grealish (Galway West, Independent)
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600. To ask the Minister for Foreign Affairs and Trade the State agencies, organisations or boards under the responsibility of his Department or that receive funding from his Department that have been charged negative interest by financial institutions since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board in 2021 in each of the preceding years in which such charges were applied; and if he will make a statement on the matter. [29221/22]
Simon Coveney (Cork South Central, Fine Gael)
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The Department of Foreign Affairs has no State agencies, organisations or boards under its remit.
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