PQ 75
75. Deputy Kevin Humphreys asked the Minister for Finance his views on recent media reports that the estimated cost of maintaining an Exchequer cash balance in excess of €20 billion results in a cost of approximately €35 million per billion euro on deposit, and that the State could find better uses for the annual sum that would be in excess of €700 million that is wasted due to this policy; if he will consider mechanisms to reduce this cost; and if he will make a statement on the matter. [3217/13]
Introduced
23 January 2013
Last action
23 January 2013 · Exchequer Revenue
Status
written
Sponsors
Humphreys, Kevin.
Subjects
Discovery layer
Source updated
23 January 2013
Summary
75. Deputy Kevin Humphreys asked the Minister for Finance his views on recent media reports that the estimated cost of maintaining an Exchequer cash balance in excess of €20 billion results in a cost of approximately €35 million per billion euro on deposit, and that the State could find better uses for the annual sum that would be in excess of €700 million that is wasted due to this policy; if he will consider mechanisms to reduce this cost; and if he will make a statement on the matter. [3217/13]
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
23 January 2013
Exchequer Revenue
75. Deputy Kevin Humphreys asked the Minister for Finance his views on recent media reports that the estimated cost of maintaining an Exchequer cash balance in excess of €20 billion results in a cost of approximately €35 million per billion euro on deposit, and that the State could find better uses for the annual sum that would be in excess of €700 million that is wasted due to this policy; if he will consider mechanisms to reduce this cost; and if he will make a statement on the matter. [3217/13]
Source: written
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Exchequer Revenue
Exchequer Revenue
xml · EN · 23 January 2013
Sponsors
- Humphreys, Kevin. · Asking member
- Finance · Finance · Addressed to
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.oireachtas.ie/en/debates/question/2013-01-23/75/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2013-01-23/pq_75
- ireland · q-2013-01-23-pq_75 · source updated 23 January 2013