Dáil Éireann Debate, Thursday - 17 June 2021
230. Deputy Alan Kelly asked the Minister for Finance the amount his Department and associated agencies have spent on social media advertising since the beginning of January 2021 until 12 June 2021; and if he will make a statement on the matter. [32613/21]
View answerI can inform the Deputy that the Department of Finance has no record of spending on social media advertising since the beginning of January 2021 until 12 June 2021.
A number of bodies under the aegis of my Department have incurred expenditure on social media advertising since January 2021, the details are as follows:
The Central Bank of Ireland has paid €66,405 (VAT excl.) since the beginning of January 2021 for recruitment advertisements.
The Credit Review Office has incurred expenditure of €1,875 (VAT excl.) in relation to social media advertising since the start of January 2021.
The National Treasury Management Agency (NTMA) has incurred expenditure totalling €11,546 (VAT incl.) since January 2021 to date.
Home Building Finance Ireland (HBFI), the National Asset Management Agency (NAMA) and the Strategic Banking Corporation of Ireland (SBCI) are also bodies under my Department’s aegis. As part of a shared services agreement, HBFI, NAMA and the SBCI reimburse the NTMA in respect of recruitment advertising costs attributable to them and any such spend is accounted for in the cost provided above.
In addition the SBCI has spent €100 (VAT excl.) since January 2021 on social media advertising.
