Dáil Éireann Debate, Wednesday - 15 September 2021
732. Deputy Catherine Murphy asked the Minister for Health the amount paid in late interest payments and penalty payments by his Department in each of the years 2017 to 2020 and to date in 2021 in respect of late payments being made to suppliers, service providers and contractors in tabular form; and the measures he has put in place and or is implementing to reduce late payment interest and penalty payments. [44006/21]
View answerThe total amount paid by my Department in late interest and compensation payments in 2017 to 2020 and for Q1 and Q2 in 2021 is set out in the below table:
|
Year |
Interest Paid |
Compensation Paid |
Total Amount Paid |
Total Vote |
% of Vote |
|
2017 |
629.21 |
3,140.00 |
3,769.21 |
14,341m |
0.03% |
|
2018 |
1,353.46 |
3,110.00 |
4,463.46 |
15,527m |
0.03% |
|
2019 |
361.24 |
2,190.00 |
2,551.24 |
17,028m |
0.01% |
|
2020 |
1,448.89 |
4,340.00 |
5,788.89 |
20,412m |
0.03% |
|
2021 (Q1 & Q2) |
2,680.57 |
2,660.00 |
5,340.57 |
13,227m |
0.04% |
The measures currently in operation have mitigated the amounts of late interest and compensation paid by my Department over the years. However the impact of Covid-19 and the recent cyber-attack has led to an increase in the amounts paid in 2020 and 2021 to date, while still remaining small in overall percentage terms. As these impacts settle down it is expected that any such payments will return to their previous low levels in the near future.
