Dáil Éireann Debate, Tuesday - 24 November 2009
174 Deputy Thomas P. Broughan asked the Minister for Finance the expected cost to the Exchequer of the National Asset Management Agency during 2010; and if he will make a statement on the matter. [43010/09]
Amharc ar fhreagraAs set out in the draft NAMA business plan, which is based on the provisional information available to the interim NAMA, the cash flow produced by loans transferred to NAMA will cover NAMA's costs in 2010. Separately, the NTMA will provide staffing and other business support services. NAMA will refund NTMA for the cost of staff provided and other costs will be charged to the NTMA's administration budget.
