Dáil Éireann Debate, Thursday - 24 February 2022
404. Deputy David Cullinane asked the Minister for Health the cash ceiling that applies to the HSE set by his Department or the Department of Public Expenditure and Reform; and if he will make a statement on the matter. [10724/22]
View answerDue to the size of the annual budget operated by the HSE (> €20bn) it is to be expected that it maintains a certain cash balance to ensure that it always has sufficient funds to meet its outstanding financial obligations. The amount can vary on a month-by-month basis but in general the HSE holds, as a cash balance, several days' worth of funds in the case of an unexpected cash requirement. The cash position in the HSE is monitored on a weekly basis by my Department to ensure excessive cash holdings are not being built up
