Oireachtas Joint and Select Committees

Thursday, 22 November 2012

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011

12:00 pm

Mr. John Corrigan:

As I said in my opening remarks, the status of Irish bond yields and our ability to access markets depend on a number of factors, some of which are within our control and others which are outside our control. One of the issues within our control is the delivery of a budget that is line ball with the troika requirements. The budget is important. The two milestones which we discuss with investors are the budget and the troika report on its recent visit.

The budget would be a factor that I would place in the category of being within our control.

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