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Dáil Éireann debate -
Wednesday, 1 Dec 1999

Vol. 512 No. 1

Written Answers. - Movement of Capital.

Noel Ahern

Question:

156 Mr. N. Ahern asked the Minister for Finance if he will give details of the transfer of financial resources out of the State to countries abroad with particular reference to media reports and general perceptions that refugees and asylum seekers are sending money home; if he will give figures for the past year of the number of cash transfers; the total amount under £5,000, under £10,000 and over £10,000 for a sample of countries involved, for example, Romania, Nigeria and Albania; and if he will make a statement on the matter. [25671/99]

Since the removal of exchange controls after 31 December 1992 there have been no restrictions on the movement of capital out of Ireland, and the data sought by the Deputy is therefore not available.

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