Michael Colreavy
Question:210. Deputy Michael Colreavy asked the Minister for Finance if he has allocated funding from the sale of the mobile spectrum in 2012; and if he will make a statement on the matter. [20196/13]
View answerDáil Éireann Debate, Tuesday - 14 May 2013
210. Deputy Michael Colreavy asked the Minister for Finance if he has allocated funding from the sale of the mobile spectrum in 2012; and if he will make a statement on the matter. [20196/13]
View answerThe sale of the mobile spectrum in 2012 was a welcome success, yielding the State revenues of approximately €730 million in general government terms for the year. Generally speaking all revenues of the State, including capital receipts, as well as tax revenues and non-tax revenues are paid into the Central Fund. They are not assigned to specific areas of expenditure but rather form part of the combined structure of resources which overall Exchequer expenditure is funded. This covers expenditure in many important areas, such as Social Protection, Health, and Education, as well as for the servicing of the States debt expenses.