Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Economy and Funding Requirements: Discussion with NTMA

2:45 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Let us consider this in simple terms. The current programme ends at the end of 2013. If the NTMA is successful in its plans to raise an additional €7.5 billion between now and then, Ireland will be funded through to the end of 2014 in that scenario. Is that correct?

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